Kestra Advisory Services LLC Purchases 346,567 Shares of First Trust Indxx Aerospace & Defense ETF $MISL

Kestra Advisory Services LLC increased its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 1,577.6% during the 1st quarter, Holdings Channel reports. The firm owned 368,535 shares of the company’s stock after acquiring an additional 346,567 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $16,477,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $30,000. Pinnacle Bancorp Inc. purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF during the first quarter valued at $36,000. Arax Advisory Partners purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter valued at $37,000. Advisory Services Network LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF during the third quarter valued at $37,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 500.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock valued at $36,000 after acquiring an additional 1,000 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Down 0.6%

Shares of MISL stock traded down $0.25 on Friday, hitting $44.53. The stock had a trading volume of 82,416 shares, compared to its average volume of 439,942. First Trust Indxx Aerospace & Defense ETF has a one year low of $37.64 and a one year high of $51.10. The business has a 50 day moving average price of $45.82 and a 200 day moving average price of $46.75. The company has a market cap of $770.37 million, a PE ratio of 28.78 and a beta of 0.67.

First Trust Indxx Aerospace & Defense ETF Company 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.