First Trust Indxx Aerospace & Defense ETF $MISL Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 19.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 408,674 shares of the company’s stock after purchasing an additional 67,223 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $17,001,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MISL. Commonwealth Equity Services LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF during the third quarter worth about $2,867,000. Integrity Alliance LLC. acquired a new position in First Trust Indxx Aerospace & Defense ETF during the third quarter worth about $278,000. International Assets Investment Management LLC grew its position in First Trust Indxx Aerospace & Defense ETF by 2,103.7% during the third quarter. International Assets Investment Management LLC now owns 500,000 shares of the company’s stock worth $20,800,000 after buying an additional 477,311 shares during the period. Founders Financial Securities LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter valued at about $306,000. Finally, D.A. Davidson & CO. purchased a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter valued at about $8,338,000.

First Trust Indxx Aerospace & Defense ETF Stock Performance

MISL stock opened at $40.35 on Monday. The firm has a 50 day moving average of $42.11 and a 200-day moving average of $45.34. First Trust Indxx Aerospace & Defense ETF has a 12-month low of $38.84 and a 12-month high of $51.10. The company has a market cap of $651.65 million, a price-to-earnings ratio of 28.51 and a beta of 0.71.

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.