Wedbush Securities Inc. Buys New Position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Wedbush Securities Inc. purchased a new stake in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,799 shares of the company’s stock, valued at approximately $207,000. Wedbush Securities Inc. owned about 0.29% of First Trust Indxx Aerospace & Defense ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MISL. OLD Mission Capital LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth about $967,000. LPL Financial LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 76.9% in the fourth quarter. LPL Financial LLC now owns 541,085 shares of the company’s stock valued at $16,468,000 after acquiring an additional 235,285 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of First Trust Indxx Aerospace & Defense ETF by 34.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,210 shares of the company’s stock valued at $737,000 after acquiring an additional 6,164 shares during the last quarter. Prosperity Financial Group Inc. lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 6.4% during the fourth quarter. Prosperity Financial Group Inc. now owns 110,033 shares of the company’s stock worth $3,349,000 after acquiring an additional 6,604 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth $568,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:MISL opened at $29.89 on Friday. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $26.06 and a 1 year high of $34.02. The company has a market capitalization of $122.55 million, a PE ratio of 28.31 and a beta of 0.66. The business has a fifty day moving average price of $30.10 and a two-hundred day moving average price of $31.13.

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.