Prosperity Financial Group Inc. Boosts Position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Prosperity Financial Group Inc. raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 175.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,429 shares of the company’s stock after buying an additional 65,934 shares during the period. First Trust Indxx Aerospace & Defense ETF comprises 1.8% of Prosperity Financial Group Inc.’s investment portfolio, making the stock its 12th largest position. Prosperity Financial Group Inc.’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $3,281,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Mutual Advisors LLC lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 33.5% during the 3rd quarter. Mutual Advisors LLC now owns 206,472 shares of the company’s stock valued at $6,599,000 after acquiring an additional 51,853 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in First Trust Indxx Aerospace & Defense ETF in the first quarter valued at about $914,000. Commonwealth Equity Services LLC acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the second quarter worth about $438,000. Schrum Private Wealth Management LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the third quarter worth about $275,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the third quarter valued at about $228,000.

First Trust Indxx Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:MISL opened at $32.31 on Monday. The business’s 50-day simple moving average is $32.00 and its 200 day simple moving average is $30.16. The company has a market cap of $75.93 million, a P/E ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a one year low of $23.92 and a one year high of $34.02.

About First Trust Indxx Aerospace & Defense ETF

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.