D.A. Davidson & CO. trimmed its holdings in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report) by 9.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 230,348 shares of the company’s stock after selling 23,907 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $10,299,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth approximately $30,000. Pinnacle Bancorp Inc. purchased a new position in First Trust Indxx Aerospace & Defense ETF during the 1st quarter worth $36,000. Geneos Wealth Management Inc. raised its position in shares of 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 valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Arax Advisory Partners acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth $37,000. Finally, Advisory Services Network LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the third quarter valued at approximately $37,000.
First Trust Indxx Aerospace & Defense ETF Stock Performance
Shares of MISL opened at $42.53 on Friday. The business’s 50-day moving average is $45.73 and its two-hundred day moving average is $46.74. The company has a market capitalization of $733.64 million, a P/E ratio of 28.78 and a beta of 0.67. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $37.76 and a fifty-two week high of $51.10.
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.
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