Raymond James Financial Inc. purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 18,651 shares of the company’s stock, valued at approximately $568,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of MISL. IFP Advisors Inc increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 226.8% in the fourth quarter. IFP Advisors Inc now owns 4,281 shares of the company’s stock worth $130,000 after buying an additional 2,971 shares during the period. Spire Wealth Management bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $132,000. Good Life Advisors LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $234,000. Golden State Wealth Management LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the fourth quarter valued at about $274,000. Finally, Jane Street Group LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF during the third quarter valued at about $339,000.
First Trust Indxx Aerospace & Defense ETF Price Performance
Shares of NYSEARCA:MISL opened at $27.71 on Tuesday. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $26.06 and a 1 year high of $34.02. The stock’s 50-day moving average is $30.30 and its 200 day moving average is $31.21. The company has a market cap of $113.61 million, a PE ratio of 28.31 and a beta of 0.66.
First Trust Indxx Aerospace & Defense ETF Profile
The First Trust Indxx Aerospace & Defense ETF (MISL) is an exchange-traded fund that is based on the Indxx US Aerospace & Defense index. The fund tracks a market cap-weighted index of 50 US companies involved in advanced and traditional aerospace and defense. MISL was launched on Oct 25, 2022 and is managed by First Trust.
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Want to see what other hedge funds are holding MISL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report).
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