Jaffetilchin Investment Partners LLC Raises Position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Jaffetilchin Investment Partners LLC lifted its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 60.2% during the second quarter, Holdings Channel reports. The fund owned 16,119 shares of the company’s stock after acquiring an additional 6,055 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $451,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the second quarter valued at $84,000. Key Client Fiduciary Advisors LLC raised its position in First Trust Indxx Aerospace & Defense ETF by 1.9% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 319,725 shares of the company’s stock valued at $8,948,000 after purchasing an additional 6,099 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 1st quarter valued at about $914,000. Mutual Advisors LLC grew its position in shares of First Trust Indxx Aerospace & Defense ETF by 34.0% during the first quarter. Mutual Advisors LLC now owns 115,341 shares of the company’s stock worth $3,136,000 after buying an additional 29,235 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its position in shares of First Trust Indxx Aerospace & Defense ETF by 82.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 33,137 shares of the company’s stock worth $901,000 after buying an additional 14,994 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Up 0.7 %

Shares of NYSEARCA:MISL opened at $31.58 on Friday. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $21.23 and a fifty-two week high of $31.62. The firm’s 50 day moving average price is $29.33 and its 200 day moving average price is $27.97. The stock has a market cap of $74.20 million, a price-to-earnings 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.