Benjamin F. Edwards & Company Inc. Has $903,000 Stock Holdings in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Benjamin F. Edwards & Company Inc. reduced its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 2.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,254 shares of the company’s stock after selling 883 shares during the quarter. Benjamin F. Edwards & Company Inc. owned 1.37% of First Trust Indxx Aerospace & Defense ETF worth $903,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in First Trust Indxx Aerospace & Defense ETF during the second quarter valued at approximately $84,000. Capital Investment Advisory Services LLC raised its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 25.7% during the 1st quarter. Capital Investment Advisory Services LLC now owns 6,462 shares of the company’s stock worth $176,000 after buying an additional 1,322 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 2nd quarter worth $438,000. Jaffetilchin Investment Partners LLC boosted its stake in First Trust Indxx Aerospace & Defense ETF by 60.2% in the second quarter. Jaffetilchin Investment Partners LLC now owns 16,119 shares of the company’s stock valued at $451,000 after buying an additional 6,055 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new position in First Trust Indxx Aerospace & Defense ETF in the first quarter valued at about $914,000.

First Trust Indxx Aerospace & Defense ETF Trading Up 1.2 %

MISL stock opened at $31.66 on Tuesday. The firm has a 50-day moving average price of $30.22 and a 200-day moving average price of $28.51. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $21.23 and a 12 month high of $31.72. The stock has a market capitalization of $74.41 million, a P/E ratio of 30.48 and a beta of 0.60.

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.