The First Trust Indxx Aerospace & Defense ETF (MISL) experienced a significant outflow of approximately $572.7 million, marking a 37.5% decrease in shares outstanding, from 33,450,002 to 20,900,002. This change occurred in the week leading up to the latest trading data.
Amid these changes, key underlying components showed varied performance: Boeing Co. (BA) decreased by 2.4%, General Dynamics Corp (GD) increased by 0.1%, and TransDigm Group Inc (TDG) fell by 1%. MISL’s share price recently traded at $45.12, compared to a 52-week range of $32.87 to $51.10.
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