Harel Insurance Investments & Financial Services Ltd. Has $176.74 Million Stake in First Trust Indxx Aerospace & Defense ETF $MISL

Harel Insurance Investments & Financial Services Ltd. lifted its stake in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 41.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,953,000 shares of the company’s stock after purchasing an additional 1,153,000 shares during the quarter. First Trust Indxx Aerospace & Defense ETF accounts for 1.2% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 27th largest position. Harel Insurance Investments & Financial Services Ltd. owned about 0.12% of First Trust Indxx Aerospace & Defense ETF worth $176,739,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. IFP Advisors Inc grew its position in First Trust Indxx Aerospace & Defense ETF by 1,037.2% during the third quarter. IFP Advisors Inc now owns 46,069 shares of the company’s stock valued at $1,910,000 after purchasing an additional 42,018 shares in the last quarter. Trust Co. of Oklahoma purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth approximately $1,406,000. TriaGen Wealth Management LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth approximately $1,449,000. World Investment Advisors acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter valued at $5,063,000. Finally, Private Advisor Group LLC boosted its stake in shares of First Trust Indxx Aerospace & Defense ETF by 38.8% during the 1st quarter. Private Advisor Group LLC now owns 48,225 shares of the company’s stock valued at $2,156,000 after buying an additional 13,485 shares during the period.

First Trust Indxx Aerospace & Defense ETF Stock Up 0.2%

First Trust Indxx Aerospace & Defense ETF stock opened at $43.71 on Wednesday. The company’s fifty day simple moving average is $45.82 and its 200-day simple moving average is $46.77. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $37.76 and a 12 month high of $51.10. The stock has a market cap of $754.00 million, a P/E ratio of 28.78 and a beta of 0.67.

First Trust Indxx Aerospace & Defense ETF 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.