Bright Futures Wealth Management LLC. Purchases 781 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Bright Futures Wealth Management LLC. raised its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,797 shares of the company’s stock after acquiring an additional 781 shares during the quarter. Bright Futures Wealth Management LLC. owned about 1.35% of First Trust Indxx Aerospace & Defense ETF worth $981,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MISL. Cetera Investment Advisers raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 12.6% during the second quarter. Cetera Investment Advisers now owns 41,396 shares of the company’s stock valued at $1,159,000 after purchasing an additional 4,645 shares during the period. Mutual Advisors LLC increased its stake in First Trust Indxx Aerospace & Defense ETF by 33.5% in the 3rd quarter. Mutual Advisors LLC now owns 206,472 shares of the company’s stock valued at $6,599,000 after buying an additional 51,853 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the 3rd quarter valued at about $228,000. Jaffetilchin Investment Partners LLC grew its position in shares of First Trust Indxx Aerospace & Defense ETF by 25.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 20,233 shares of the company’s stock valued at $642,000 after acquiring an additional 4,114 shares during the period. Finally, Schrum Private Wealth Management LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 3rd quarter valued at approximately $275,000.

First Trust Indxx Aerospace & Defense ETF Stock Down 1.3 %

First Trust Indxx Aerospace & Defense ETF stock opened at $30.37 on Friday. The firm has a 50 day moving average price of $31.11 and a 200-day moving average price of $31.30. The company has a market capitalization of $71.37 million, a P/E ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a twelve month low of $25.58 and a twelve month high of $34.02.

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.