RFG Advisory LLC Purchases New Position in First Trust Indxx Aerospace & Defense ETF $MISL

RFG Advisory LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 29,748 shares of the company’s stock, valued at approximately $1,362,000.

Several other hedge funds have also modified their holdings of MISL. First Trust Advisors LP purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the fourth quarter valued at $795,568,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in First Trust Indxx Aerospace & Defense ETF by 41.2% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,953,000 shares of the company’s stock valued at $176,739,000 after purchasing an additional 1,153,000 shares in the last quarter. LPL Financial LLC raised its stake in First Trust Indxx Aerospace & Defense ETF by 42.5% during the fourth quarter. LPL Financial LLC now owns 634,032 shares of the company’s stock valued at $27,130,000 after purchasing an additional 189,250 shares in the last quarter. Advisory Services Network LLC lifted its position in First Trust Indxx Aerospace & Defense ETF by 48,689.2% during the fourth quarter. Advisory Services Network LLC now owns 439,591 shares of the company’s stock valued at $18,810,000 after purchasing an additional 438,690 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in First Trust Indxx Aerospace & Defense ETF by 14,898.1% during the fourth quarter. NewEdge Advisors LLC now owns 427,447 shares of the company’s stock valued at $18,290,000 after purchasing an additional 424,597 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Up 0.7%

Shares of NYSEARCA:MISL opened at $42.58 on Friday. The firm has a fifty day simple moving average of $44.63 and a two-hundred day simple moving average of $45.79. First Trust Indxx Aerospace & Defense ETF has a 52 week low of $38.84 and a 52 week high of $51.10. The stock has a market capitalization of $721.73 million, a P/E ratio of 28.78 and a beta of 0.69.

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.