Royal Bank of Canada Buys 104,982 Shares of First Trust Indxx Aerospace & Defense ETF $MISL

Royal Bank of Canada grew its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 134.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 182,978 shares of the company’s stock after acquiring an additional 104,982 shares during the quarter. Royal Bank of Canada’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $8,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the fourth quarter valued at about $30,000. Pinnacle Bancorp Inc. purchased a new position in First Trust Indxx Aerospace & Defense ETF during the first quarter worth about $36,000. Arax Advisory Partners purchased a new position in First Trust Indxx Aerospace & Defense ETF during the fourth quarter worth about $37,000. Advisory Services Network LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF in the 3rd quarter worth about $37,000. Finally, Geneos Wealth Management Inc. grew its position in First Trust Indxx Aerospace & Defense ETF by 500.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $36,000 after purchasing an additional 1,000 shares in the last quarter.

First Trust Indxx Aerospace & Defense ETF Stock Performance

NYSEARCA:MISL opened at $47.49 on Tuesday. First Trust Indxx Aerospace & Defense ETF has a 52 week low of $37.90 and a 52 week high of $51.10. The firm has a 50-day moving average price of $45.04 and a two-hundred day moving average price of $46.43. The firm has a market cap of $804.96 million, a price-to-earnings ratio of 28.78 and a beta of 0.69.

First Trust Indxx Aerospace & Defense ETF 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.