Private Advisor Group LLC Has $2.16 Million Stock Position in First Trust Indxx Aerospace & Defense ETF $MISL

Private Advisor Group LLC lifted its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 38.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,225 shares of the company’s stock after acquiring an additional 13,485 shares during the quarter. Private Advisor Group LLC owned approximately 0.15% of First Trust Indxx Aerospace & Defense ETF worth $2,156,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Retirement Planning Group LLC boosted its holdings in First Trust Indxx Aerospace & Defense ETF by 4.0% in the fourth quarter. Retirement Planning Group LLC now owns 11,371 shares of the company’s stock valued at $487,000 after acquiring an additional 433 shares during the last quarter. Harbour Investments Inc. raised its holdings in 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 purchasing an additional 500 shares during the last quarter. Kestra Advisory Services LLC lifted its position in First Trust Indxx Aerospace & Defense ETF by 3.0% during the 4th quarter. Kestra Advisory Services LLC now owns 21,968 shares of the company’s stock valued at $940,000 after purchasing an additional 632 shares during the period. Farther Finance Advisors LLC boosted its stake 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 purchasing an additional 660 shares during the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter worth approximately $30,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

MISL opened at $44.53 on Friday. The firm has a 50 day simple moving average of $45.82 and a 200 day simple moving average of $46.75. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $37.64 and a fifty-two week high of $51.10. The company has a market cap of $770.37 million, a price-to-earnings ratio of 28.78 and a beta of 0.67.

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.