Royal Bank of Canada Has $8.18 Million Holdings in First Trust Indxx Aerospace & Defense ETF $MISL

Royal Bank of Canada grew its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 134.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,978 shares of the company’s stock after acquiring an additional 104,982 shares during the quarter. Royal Bank of Canada owned about 0.55% of First Trust Indxx Aerospace & Defense ETF worth $8,181,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of MISL. Flagship Harbor Advisors LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $30,000. Pinnacle Bancorp Inc. bought a new stake in First Trust Indxx Aerospace & Defense ETF during the 1st quarter valued at $36,000. Arax Advisory Partners acquired a new position in First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth $37,000. Advisory Services Network LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF during the third quarter worth $37,000. Finally, Geneos Wealth Management Inc. lifted its stake 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 buying an additional 1,000 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of NYSEARCA MISL opened at $47.49 on Tuesday. The company has a 50-day moving average price of $45.04 and a 200-day moving average price of $46.43. The stock has a market capitalization of $804.96 million, a P/E ratio of 28.78 and a beta of 0.69. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $37.90 and a 1 year high of $51.10.

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.