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

Key Client Fiduciary Advisors LLC reduced its holdings 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 13F filing with the Securities and Exchange Commission. The firm owned 313,895 shares of the company’s stock after selling 5,765 shares during the period. First Trust Indxx Aerospace & Defense ETF accounts for approximately 4.2% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Key Client Fiduciary Advisors LLC owned approximately 0.13% of First Trust Indxx Aerospace & Defense ETF worth $9,553,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Prosperity Financial Group Inc. boosted its stake 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 worth $3,281,000 after acquiring an additional 65,934 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter valued at about $1,702,000. Mutual Advisors LLC boosted its position in shares of First Trust Indxx Aerospace & Defense ETF by 33.5% during the 3rd quarter. Mutual Advisors LLC now owns 206,472 shares of the company’s stock worth $6,599,000 after purchasing an additional 51,853 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 3rd quarter valued at about $990,000. Finally, Atomi Financial Group Inc. bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at about $499,000.

First Trust Indxx Aerospace & Defense ETF Stock Performance

MISL stock opened at $32.37 on Friday. The stock’s 50 day simple moving average is $31.32 and its 200 day simple moving average is $31.04. The company has a market cap of $76.07 million, a P/E ratio of 30.48 and a beta of 0.60. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $24.68 and a fifty-two week 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.