First Trust Indxx Aerospace & Defense ETF $MISL Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 196.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,365 shares of the company’s stock after purchasing an additional 47,265 shares during the quarter. HighTower Advisors LLC owned approximately 1.39% of First Trust Indxx Aerospace & Defense ETF worth $2,958,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Raymond James Financial Inc. grew its position in shares of First Trust Indxx Aerospace & Defense ETF by 971.3% during the second quarter. Raymond James Financial Inc. now owns 174,168 shares of the company’s stock worth $6,507,000 after buying an additional 157,911 shares in the last quarter. MML Investors Services LLC lifted its stake in First Trust Indxx Aerospace & Defense ETF by 11.1% in the second quarter. MML Investors Services LLC now owns 384,581 shares of the company’s stock worth $14,368,000 after acquiring an additional 38,270 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new position in First Trust Indxx Aerospace & Defense ETF during the 2nd quarter worth approximately $1,030,000. B. Riley Wealth Advisors Inc. acquired a new position in First Trust Indxx Aerospace & Defense ETF during the 2nd quarter worth approximately $989,000. Finally, Osaic Holdings Inc. increased its position in shares of First Trust Indxx Aerospace & Defense ETF by 11.4% in the 2nd quarter. Osaic Holdings Inc. now owns 241,385 shares of the company’s stock valued at $9,018,000 after purchasing an additional 24,727 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.8%

First Trust Indxx Aerospace & Defense ETF stock opened at $49.34 on Friday. The company has a fifty day simple moving average of $47.64 and a 200-day simple moving average of $43.17. The stock has a market cap of $1.48 billion, a P/E ratio of 28.78 and a beta of 0.66. First Trust Indxx Aerospace & Defense ETF has a 12-month low of $26.46 and a 12-month high of $51.10.

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.