Mutual Advisors LLC Has $6.60 Million Holdings in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Mutual Advisors LLC lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 33.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,472 shares of the company’s stock after buying an additional 51,853 shares during the quarter. Mutual Advisors LLC owned about 8.79% of First Trust Indxx Aerospace & Defense ETF worth $6,599,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bright Futures Wealth Management LLC. bought a new position in First Trust Indxx Aerospace & Defense ETF in the first quarter valued at approximately $914,000. Commonwealth Equity Services LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 2nd quarter worth $438,000. Key Client Fiduciary Advisors LLC grew its stake in shares of First Trust Indxx Aerospace & Defense ETF by 1.9% during the second quarter. Key Client Fiduciary Advisors LLC now owns 319,725 shares of the company’s stock worth $8,948,000 after purchasing an additional 6,099 shares during the period. Jaffetilchin Investment Partners LLC increased its holdings in First Trust Indxx Aerospace & Defense ETF by 60.2% in the second quarter. Jaffetilchin Investment Partners LLC now owns 16,119 shares of the company’s stock valued at $451,000 after purchasing an additional 6,055 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in First Trust Indxx Aerospace & Defense ETF by 12.6% in the second quarter. Cetera Investment Advisers now owns 41,396 shares of the company’s stock valued at $1,159,000 after buying an additional 4,645 shares during the period.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.2 %

Shares of MISL opened at $32.07 on Wednesday. The stock has a market cap of $75.36 million, a P/E ratio of 30.48 and a beta of 0.60. The stock’s 50-day moving average price is $31.55 and its two-hundred day moving average price is $29.50. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $22.11 and a 1 year high of $33.10.

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.