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

World Investment Advisors bought a new position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 118,311 shares of the company’s stock, valued at approximately $5,063,000. World Investment Advisors owned 0.40% of First Trust Indxx Aerospace & Defense ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 1.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 26,764 shares of the company’s stock worth $1,109,000 after acquiring an additional 305 shares during the period. Retirement Planning Group LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 4.0% during the 4th quarter. Retirement Planning Group LLC now owns 11,371 shares of the company’s stock worth $487,000 after acquiring an additional 433 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 44.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock worth $92,000 after acquiring an additional 660 shares during the period. Flagship Harbor Advisors LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter worth approximately $30,000. Finally, Assetmark Inc. grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 57.8% during the 4th quarter. Assetmark Inc. now owns 2,003 shares of the company’s stock worth $86,000 after acquiring an additional 734 shares during the period.

First Trust Indxx Aerospace & Defense ETF Stock Up 0.7%

Shares of MISL opened at $45.84 on Friday. The business’s 50 day moving average price is $46.17 and its 200-day moving average price is $45.42. First Trust Indxx Aerospace & Defense ETF has a 52 week low of $33.23 and a 52 week high of $51.10. The stock has a market cap of $1.53 billion, a P/E ratio of 28.78 and a beta of 0.61.

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.