Key Client Fiduciary Advisors LLC Sells 5,765 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Key Client Fiduciary Advisors LLC lessened its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 1.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 313,895 shares of the company’s stock after selling 5,765 shares during the quarter. First Trust Indxx Aerospace & Defense ETF comprises about 4.2% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 4th largest holding. Key Client Fiduciary Advisors LLC owned approximately 13.36% of First Trust Indxx Aerospace & Defense ETF worth $9,553,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of MISL. Mutual Advisors LLC lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 4.1% during the 4th quarter. Mutual Advisors LLC now owns 214,888 shares of the company’s stock worth $6,780,000 after purchasing an additional 8,416 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth $1,702,000. Atomi Financial Group Inc. acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth $499,000. Jane Street Group LLC bought a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the third quarter valued at about $339,000. Finally, Stifel Financial Corp grew its stake in shares of First Trust Indxx Aerospace & Defense ETF by 16.9% in the third quarter. Stifel Financial Corp now owns 26,988 shares of the company’s stock valued at $856,000 after acquiring an additional 3,894 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Down 0.7 %

Shares of First Trust Indxx Aerospace & Defense ETF stock opened at $32.37 on Friday. The stock has a market capitalization of $76.07 million, a price-to-earnings ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a twelve month low of $24.68 and a twelve month high of $34.02. The company has a 50-day simple moving average of $31.32 and a two-hundred day simple moving average of $31.04.

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.