World Investment Advisors Invests $5.06 Million in First Trust Indxx Aerospace & Defense ETF $MISL

World Investment Advisors purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 118,311 shares of the company’s stock, valued at approximately $5,063,000. World Investment Advisors owned about 0.40% of First Trust Indxx Aerospace & Defense ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. First Trust Advisors LP acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at $795,568,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at $119,812,000. Nilsine Partners LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at $22,329,000. Advisory Services Network LLC increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 48,689.2% in the 4th quarter. Advisory Services Network LLC now owns 439,591 shares of the company’s stock valued at $18,810,000 after buying an additional 438,690 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of First Trust Indxx Aerospace & Defense ETF by 14,898.1% in the 4th quarter. NewEdge Advisors LLC now owns 427,447 shares of the company’s stock valued at $18,290,000 after buying an additional 424,597 shares during the period.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.7%

Shares of NYSEARCA:MISL opened at $45.84 on Friday. The stock has a market capitalization of $1.53 billion, a P/E ratio of 28.78 and a beta of 0.61. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $33.23 and a 1-year high of $51.10. The business has a 50-day moving average price of $46.17 and a two-hundred day moving average price of $45.42.

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.