Prosperity Financial Group Inc. Has $3.35 Million Stake in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Prosperity Financial Group Inc. boosted its stake in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 6.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 110,033 shares of the company’s stock after buying an additional 6,604 shares during the period. First Trust Indxx Aerospace & Defense ETF accounts for approximately 1.7% of Prosperity Financial Group Inc.’s holdings, making the stock its 13th largest position. Prosperity Financial Group Inc.’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $3,349,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of MISL. Janney Montgomery Scott LLC acquired a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at $1,702,000. Benjamin Edwards Inc. acquired a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter worth $990,000. Raymond James Financial Inc. acquired a new position in First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth $568,000. Atomi Financial Group Inc. acquired a new position in First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth $499,000. Finally, Jane Street Group LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter worth $339,000.

First Trust Indxx Aerospace & Defense ETF Stock Down 0.7 %

Shares of MISL opened at $29.70 on Wednesday. First Trust Indxx Aerospace & Defense ETF has a 12-month low of $26.06 and a 12-month high of $34.02. The firm has a market capitalization of $121.77 million, a PE ratio of 27.47 and a beta of 0.66. The stock’s fifty day simple moving average is $30.75 and its 200-day simple moving average is $31.32.

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.