Mutual Advisors LLC Boosts Holdings in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Mutual Advisors LLC grew its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 214,888 shares of the company’s stock after acquiring an additional 8,416 shares during the quarter. Mutual Advisors LLC owned about 9.14% of First Trust Indxx Aerospace & Defense ETF worth $6,780,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Prosperity Financial Group Inc. boosted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 175.8% in the 3rd quarter. Prosperity Financial Group Inc. now owns 103,429 shares of the company’s stock valued at $3,281,000 after purchasing an additional 65,934 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $1,702,000. Cetera Investment Advisers boosted its holdings 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 acquiring an additional 4,645 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in First Trust Indxx Aerospace & Defense ETF during the third quarter valued at about $990,000. Finally, Stifel Financial Corp raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 16.9% in the 3rd quarter. Stifel Financial Corp now owns 26,988 shares of the company’s stock worth $856,000 after purchasing an additional 3,894 shares during the period.

First Trust Indxx Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:MISL opened at $32.61 on Thursday. The stock has a 50-day simple moving average of $31.31 and a 200-day simple moving average of $31.03. The stock has a market capitalization of $76.63 million, a P/E ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $24.68 and a 1 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.