Fifth Third Bancorp Invests $1.26 Million in First Trust Indxx Aerospace & Defense ETF $MISL

Fifth Third Bancorp purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 28,271 shares of the company’s stock, valued at approximately $1,264,000. Fifth Third Bancorp owned about 0.08% of First Trust Indxx Aerospace & Defense ETF at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. First Trust Advisors LP bought a new position in First Trust Indxx Aerospace & Defense ETF during the fourth quarter valued at approximately $795,568,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth approximately $119,812,000. LPL Financial LLC grew its position in First Trust Indxx Aerospace & Defense ETF by 42.5% in the fourth quarter. LPL Financial LLC now owns 634,032 shares of the company’s stock worth $27,130,000 after acquiring an additional 189,250 shares in the last quarter. Nilsine Partners LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth approximately $22,329,000. Finally, Advisory Services Network LLC increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 48,689.2% during the 4th quarter. Advisory Services Network LLC now owns 439,591 shares of the company’s stock worth $18,810,000 after purchasing an additional 438,690 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.1%

First Trust Indxx Aerospace & Defense ETF stock opened at $43.48 on Friday. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $37.76 and a 1-year high of $51.10. The firm’s fifty day simple moving average is $45.48 and its 200-day simple moving average is $46.72. The company has a market capitalization of $750.03 million, a P/E 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.