Assetmark Inc. Boosts Stock Holdings in First Trust Indxx Aerospace & Defense ETF $MISL

Assetmark Inc. boosted its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 3,610.3% in the 1st quarter, Holdings Channel reports. The firm owned 74,318 shares of the company’s stock after acquiring an additional 72,315 shares during the quarter. Assetmark Inc.’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $3,323,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Retirement Planning Group LLC lifted its position in First Trust Indxx Aerospace & Defense ETF by 4.0% during the fourth quarter. Retirement Planning Group LLC now owns 11,371 shares of the company’s stock worth $487,000 after buying an additional 433 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of First Trust Indxx Aerospace & Defense ETF by 70.9% in the fourth quarter. Harbour Investments Inc. now owns 1,205 shares of the company’s stock valued at $52,000 after buying an additional 500 shares in the last quarter. Sigma Planning Corp increased its stake in First Trust Indxx Aerospace & Defense ETF by 1.0% during the first quarter. Sigma Planning Corp now owns 61,324 shares of the company’s stock worth $2,742,000 after purchasing an additional 606 shares during the period. Kestra Advisory Services LLC lifted its holdings 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 worth $940,000 after buying an additional 632 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of First Trust Indxx Aerospace & Defense ETF by 44.1% in the fourth 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

Shares of MISL opened at $42.47 on Thursday. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $37.76 and a 1 year high of $51.10. The stock has a market capitalization of $732.61 million, a PE ratio of 28.78 and a beta of 0.67. The stock has a 50-day simple moving average of $45.54 and a 200-day simple moving average of $46.75.

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.