D.A. Davidson & CO. trimmed its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report) by 9.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 230,348 shares of the company’s stock after selling 23,907 shares during the quarter. D.A. Davidson & CO. owned about 0.69% of First Trust Indxx Aerospace & Defense ETF worth $10,299,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth about $30,000. Pinnacle Bancorp Inc. acquired a new stake in First Trust Indxx Aerospace & Defense ETF during the 1st quarter worth approximately $36,000. Arax Advisory Partners acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth about $37,000. Advisory Services Network LLC bought a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter valued at $37,000. Finally, Geneos Wealth Management Inc. increased 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 during the last quarter.
First Trust Indxx Aerospace & Defense ETF Trading Down 0.4%
MISL opened at $42.53 on Friday. The stock’s fifty day simple moving average is $45.73 and its 200 day simple moving average is $46.74. The stock has a market cap of $733.64 million, a PE ratio of 28.78 and a beta of 0.67. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $37.76 and a 1-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.
Further Reading
- Five stocks we like better than First Trust Indxx Aerospace & Defense ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding MISL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL – Free Report).
Receive News & Ratings for First Trust Indxx Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Indxx Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
