First Trust Indxx Aerospace & Defense ETF $MISL Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 196.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,365 shares of the company’s stock after buying an additional 47,265 shares during the period. HighTower Advisors LLC owned about 1.39% of First Trust Indxx Aerospace & Defense ETF worth $2,958,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MISL. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 2nd quarter valued at $31,000. Geneos Wealth Management Inc. boosted its position in 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 period. Assetmark Inc. increased its holdings in First Trust Indxx Aerospace & Defense ETF by 75.4% in the 2nd quarter. Assetmark Inc. now owns 1,096 shares of the company’s stock valued at $41,000 after purchasing an additional 471 shares in the last quarter. NewEdge Advisors LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the first quarter valued at about $86,000. Finally, Total Investment Management Inc. purchased a new position in First Trust Indxx Aerospace & Defense ETF in the second quarter valued at about $121,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of MISL opened at $49.34 on Friday. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $26.46 and a 12 month high of $51.10. The stock’s 50-day moving average is $47.64 and its two-hundred day moving average is $43.17. The stock has a market cap of $1.48 billion, a PE ratio of 28.78 and a beta of 0.66.

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.