Davis Investment Partners LLC Invests $1.57 Million in First Trust Indxx Aerospace & Defense ETF $MISL

Davis Investment Partners LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 35,341 shares of the company’s stock, valued at approximately $1,568,000. First Trust Indxx Aerospace & Defense ETF makes up approximately 0.5% of Davis Investment Partners LLC’s portfolio, making the stock its 29th largest position. Davis Investment Partners LLC owned approximately 0.12% of First Trust Indxx Aerospace & Defense ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. boosted its stake in First Trust Indxx Aerospace & Defense ETF by 1.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 26,764 shares of the company’s stock worth $1,109,000 after acquiring an additional 305 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the second quarter valued at $31,000. Golden State Wealth Management LLC raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 9.6% during the third quarter. Golden State Wealth Management LLC now owns 9,975 shares of the company’s stock valued at $413,000 after purchasing an additional 875 shares during the period. Advisory Services Network LLC acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the third quarter valued at about $37,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of First Trust Indxx Aerospace & Defense ETF by 500.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $36,000 after purchasing an additional 1,000 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of MISL opened at $46.93 on Friday. The stock has a 50-day moving average of $48.96 and a 200-day moving average of $44.18. The company has a market cap of $1.41 billion, a PE ratio of 28.78 and a beta of 0.66. First Trust Indxx Aerospace & Defense ETF has a one year low of $26.46 and a one year high of $51.10.

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.