Buska Wealth Management LLC Has $1.75 Million Position in First Trust Indxx Aerospace & Defense ETF $MISL

Buska Wealth Management LLC raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 190.8% in the second quarter, HoldingsChannel.com reports. The firm owned 38,200 shares of the company’s stock after buying an additional 25,063 shares during the period. First Trust Indxx Aerospace & Defense ETF comprises 0.6% of Buska Wealth Management LLC’s holdings, making the stock its 26th largest position. Buska Wealth Management LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $1,748,000 as of its most recent SEC filing.

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

First Trust Indxx Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA MISL opened at $47.51 on Wednesday. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $37.90 and a fifty-two week high of $51.10. The stock has a market cap of $805.29 million, a price-to-earnings ratio of 28.78 and a beta of 0.69. The firm’s 50-day simple moving average is $45.05 and its 200 day simple moving average is $46.41.

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.