IFP Advisors Inc Buys 53,706 Shares of First Trust Indxx Aerospace & Defense ETF $MISL

IFP Advisors Inc grew its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 113.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,253 shares of the company’s stock after acquiring an additional 53,706 shares during the quarter. IFP Advisors Inc owned about 0.60% of First Trust Indxx Aerospace & Defense ETF worth $4,634,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MISL. Private Advisor Group LLC grew its position in First Trust Indxx Aerospace & Defense ETF by 38.8% in the 1st quarter. Private Advisor Group LLC now owns 48,225 shares of the company’s stock worth $2,156,000 after purchasing an additional 13,485 shares during the period. Kestra Advisory Services LLC raised its stake in First Trust Indxx Aerospace & Defense ETF by 1,577.6% during the 1st quarter. Kestra Advisory Services LLC now owns 368,535 shares of the company’s stock valued at $16,477,000 after buying an additional 346,567 shares during the last quarter. World Investment Advisors bought a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter valued at $5,063,000. Tudor Financial Inc. bought a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter valued at $852,000. Finally, WCG Wealth Advisors LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $17,189,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

MISL stock opened at $42.29 on Friday. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $38.84 and a 1 year high of $51.10. The company has a market cap of $716.82 million, a P/E ratio of 28.78 and a beta of 0.69. The stock’s fifty day moving average price is $44.71 and its 200-day moving average price is $45.81.

First Trust Indxx Aerospace & Defense ETF Company 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.