First Trust Indxx Aerospace & Defense ETF $MISL Stock: International Assets Investment Management LLC Increases Holdings

International Assets Investment Management LLC lifted its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 2,103.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 500,000 shares of the company’s stock after acquiring an additional 477,311 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $20,800,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MISL. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 41.2% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,953,000 shares of the company’s stock worth $176,739,000 after acquiring an additional 1,153,000 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of First Trust Indxx Aerospace & Defense ETF by 1,577.6% during the first quarter. Kestra Advisory Services LLC now owns 368,535 shares of the company’s stock worth $16,477,000 after purchasing an additional 346,567 shares during the period. D.A. Davidson & CO. purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the third quarter valued at $8,338,000. Royal Bank of Canada lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 134.6% during the first quarter. Royal Bank of Canada now owns 182,978 shares of the company’s stock valued at $8,181,000 after purchasing an additional 104,982 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 3,610.3% during the first quarter. Assetmark Inc. now owns 74,318 shares of the company’s stock valued at $3,323,000 after purchasing an additional 72,315 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Down 2.8%

NYSEARCA:MISL opened at $41.54 on Friday. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $38.84 and a 1-year high of $51.10. The firm has a market capitalization of $675.02 million, a price-to-earnings ratio of 28.78 and a beta of 0.71. The stock has a fifty day simple moving average of $42.49 and a 200 day simple moving average of $45.56.

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.