Nilsine Partners LLC Acquires Shares of 521,838 First Trust Indxx Aerospace & Defense ETF $MISL

Nilsine Partners LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 521,838 shares of the company’s stock, valued at approximately $22,329,000. First Trust Indxx Aerospace & Defense ETF makes up 1.9% of Nilsine Partners LLC’s investment portfolio, making the stock its 9th biggest position. Nilsine Partners LLC owned about 1.64% of First Trust Indxx Aerospace & Defense ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. IFP Advisors Inc increased its position in shares of First Trust Indxx Aerospace & Defense ETF by 1,037.2% during the third quarter. IFP Advisors Inc now owns 46,069 shares of the company’s stock valued at $1,910,000 after buying an additional 42,018 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the second quarter worth about $989,000. Osaic Holdings Inc. lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 11.4% in the second quarter. Osaic Holdings Inc. now owns 241,385 shares of the company’s stock worth $9,018,000 after buying an additional 24,727 shares during the period. HighTower Advisors LLC boosted its position in First Trust Indxx Aerospace & Defense ETF by 196.1% during the 3rd quarter. HighTower Advisors LLC now owns 71,365 shares of the company’s stock valued at $2,958,000 after acquiring an additional 47,265 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new stake in First Trust Indxx Aerospace & Defense ETF during the 3rd quarter valued at approximately $589,000.

First Trust Indxx Aerospace & Defense ETF Stock Performance

MISL stock opened at $44.71 on Wednesday. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $26.46 and a fifty-two week high of $51.10. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 28.78 and a beta of 0.66. The business’s 50 day moving average price is $48.25 and its two-hundred day moving average price is $44.60.

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.