7,181 Shares in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,181 shares of the company’s stock, valued at approximately $228,000. Concurrent Investment Advisors LLC owned about 0.31% of First Trust Indxx Aerospace & Defense ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mutual Advisors LLC lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 33.5% in the 3rd quarter. Mutual Advisors LLC now owns 206,472 shares of the company’s stock valued at $6,599,000 after buying an additional 51,853 shares during the period. Adamsbrown Wealth Consultants LLC raised its position in First Trust Indxx Aerospace & Defense ETF by 9.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 14,729 shares of the company’s stock valued at $467,000 after acquiring an additional 1,259 shares in the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 12.6% in the second quarter. Cetera Investment Advisers now owns 41,396 shares of the company’s stock valued at $1,159,000 after acquiring an additional 4,645 shares during the period. Commonwealth Equity Services LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF in the 2nd quarter worth approximately $438,000. Finally, Jaffetilchin Investment Partners LLC grew its stake in shares of First Trust Indxx Aerospace & Defense ETF by 60.2% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 16,119 shares of the company’s stock worth $451,000 after purchasing an additional 6,055 shares during the period.

First Trust Indxx Aerospace & Defense ETF Price Performance

NYSEARCA:MISL opened at $33.70 on Tuesday. The company has a 50 day moving average price of $31.76 and a 200-day moving average price of $29.87. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $23.57 and a 1-year high of $33.82. The firm has a market cap of $79.20 million, a price-to-earnings ratio of 30.48 and a beta of 0.60.

About First Trust Indxx Aerospace & Defense ETF

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.