NewEdge Advisors LLC lessened its holdings in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report) by 74.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,861 shares of the company’s stock after selling 317,586 shares during the quarter. NewEdge Advisors LLC owned 0.33% of First Trust Indxx Aerospace & Defense ETF worth $4,912,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Retirement Planning Group LLC increased its stake in First Trust Indxx Aerospace & Defense ETF by 4.0% in the 4th quarter. Retirement Planning Group LLC now owns 11,371 shares of the company’s stock valued at $487,000 after buying an additional 433 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of First Trust Indxx Aerospace & Defense ETF by 70.9% during the 4th quarter. Harbour Investments Inc. now owns 1,205 shares of the company’s stock worth $52,000 after buying an additional 500 shares during the last quarter. Sigma Planning Corp boosted its stake in shares of First Trust Indxx Aerospace & Defense ETF by 1.0% during the 1st quarter. Sigma Planning Corp now owns 61,324 shares of the company’s stock worth $2,742,000 after buying an additional 606 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 3.0% in the 4th quarter. Kestra Advisory Services LLC now owns 21,968 shares of the company’s stock valued at $940,000 after acquiring an additional 632 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 44.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock valued at $92,000 after acquiring an additional 660 shares in the last quarter.
First Trust Indxx Aerospace & Defense ETF Stock Performance
MISL opened at $42.83 on Friday. First Trust Indxx Aerospace & Defense ETF has a 52-week low of $37.76 and a 52-week high of $51.10. The firm has a market capitalization of $725.97 million, a PE ratio of 28.78 and a beta of 0.67. The business’s 50-day simple moving average is $45.32 and its 200 day simple moving average is $46.63.
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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