First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) Shares Acquired by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. lifted its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 6.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 110,033 shares of the company’s stock after buying an additional 6,604 shares during the quarter. First Trust Indxx Aerospace & Defense ETF makes up about 1.7% of Prosperity Financial Group Inc.’s holdings, making the stock its 13th largest position. Prosperity Financial Group Inc. owned about 4.68% of First Trust Indxx Aerospace & Defense ETF worth $3,349,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter worth $568,000. IFP Advisors Inc raised its stake in First Trust Indxx Aerospace & Defense ETF by 226.8% in the 4th quarter. IFP Advisors Inc now owns 4,281 shares of the company’s stock valued at $130,000 after purchasing an additional 2,971 shares during the last quarter. Good Life Advisors LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at about $234,000. Bright Futures Wealth Management LLC. raised its stake in First Trust Indxx Aerospace & Defense ETF by 2.5% in the 4th quarter. Bright Futures Wealth Management LLC. now owns 31,797 shares of the company’s stock valued at $981,000 after purchasing an additional 781 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at about $274,000.

First Trust Indxx Aerospace & Defense ETF Trading Down 0.7 %

Shares of MISL stock opened at $29.70 on Wednesday. The firm has a 50-day moving average price of $30.75 and a 200 day moving average price of $31.32. First Trust Indxx Aerospace & Defense ETF has a twelve month low of $26.06 and a twelve month high of $34.02. The company has a market capitalization of $121.77 million, a price-to-earnings ratio of 27.47 and a beta of 0.66.

About First Trust Indxx Aerospace & Defense ETF

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.