Bright Futures Wealth Management LLC. Purchases Shares of 14,202 First Trust Indxx Aerospace & Defense ETF $MISL

Bright Futures Wealth Management LLC. acquired a new position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,202 shares of the company’s stock, valued at approximately $589,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MML Investors Services LLC increased its holdings in First Trust Indxx Aerospace & Defense ETF by 11.1% in the 2nd quarter. MML Investors Services LLC now owns 384,581 shares of the company’s stock worth $14,368,000 after buying an additional 38,270 shares during the period. Osaic Holdings Inc. boosted its holdings 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 acquiring an additional 24,727 shares during the last quarter. Mutual Advisors LLC increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 2.5% in the third quarter. Mutual Advisors LLC now owns 226,450 shares of the company’s stock worth $9,755,000 after acquiring an additional 5,510 shares during the period. Raymond James Financial Inc. increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 971.3% in the second quarter. Raymond James Financial Inc. now owns 174,168 shares of the company’s stock worth $6,507,000 after acquiring an additional 157,911 shares during the period. Finally, HighTower Advisors LLC raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 196.1% during the third quarter. HighTower Advisors LLC now owns 71,365 shares of the company’s stock worth $2,958,000 after purchasing an additional 47,265 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Price Performance

NYSEARCA MISL opened at $49.32 on Monday. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $26.46 and a 1 year high of $51.10. The company has a market capitalization of $1.48 billion, a PE ratio of 28.78 and a beta of 0.66. The company has a fifty day moving average of $47.77 and a 200 day moving average of $43.30.

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.