Global Assets Advisory LLC Trims Stock Position in First Trust Indxx Aerospace & Defense ETF $MISL

Global Assets Advisory LLC cut its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 63.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,589 shares of the company’s stock after selling 44,578 shares during the quarter. Global Assets Advisory LLC owned about 0.54% of First Trust Indxx Aerospace & Defense ETF worth $943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the second quarter worth $33,000. Geneos Wealth Management Inc. increased its stake in First Trust Indxx Aerospace & Defense ETF by 500.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $36,000 after acquiring an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 1st quarter valued at about $45,000. SBI Securities Co. Ltd. raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 564.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,868 shares of the company’s stock valued at $57,000 after acquiring an additional 1,587 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 1st quarter valued at about $86,000.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.8%

Shares of NYSEARCA MISL opened at $42.48 on Monday. The business has a 50-day moving average of $39.40 and a 200-day moving average of $35.79. The firm has a market capitalization of $212.40 million, a price-to-earnings ratio of 28.78 and a beta of 0.97. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $26.46 and a 12 month high of $42.68.

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.