Stifel Financial Corp Purchases 3,894 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Stifel Financial Corp boosted its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 16.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,988 shares of the company’s stock after purchasing an additional 3,894 shares during the quarter. Stifel Financial Corp’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $856,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 3rd quarter valued at about $990,000. Prosperity Financial Group Inc. lifted its position in First Trust Indxx Aerospace & Defense ETF by 175.8% during the third quarter. Prosperity Financial Group Inc. now owns 103,429 shares of the company’s stock valued at $3,281,000 after purchasing an additional 65,934 shares during the period. Schrum Private Wealth Management LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 3rd quarter worth approximately $275,000. Jaffetilchin Investment Partners LLC raised its stake in 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 buying an additional 4,114 shares during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 3rd quarter valued at $228,000.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.9 %

MISL opened at $30.94 on Wednesday. The firm’s 50 day simple moving average is $31.89 and its two-hundred day simple moving average is $30.62. The company has a market capitalization of $72.71 million, a PE ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $24.42 and a 1-year high of $34.02.

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.