First Trust Indxx Aerospace & Defense is an exchange-traded fund on ARCA. As of Q3 2025, 58 institutional investors hold shares in this ETF, with total holdings valued at $135.5M. LPL Financial LLC is the largest holder with a position valued at $18.4M.
Overview of institutional ownership in MISL as of Q3 2025
Institutions with the largest positions in MISL as of Q3 2025
| Institution | Position Value |
|---|---|
L LPL Financial LLC Institution | $18.4M 0.01% of portfolio |
MML INVESTORS SERVICES, LLC RIA/Wealth | $15.7M 0.04% of portfolio |
Key Client Fiduciary Advisors, LLC RIA/Wealth | $12.7M 4.32% of portfolio |
D DAVIDSON D A & CO Institution | $10.8M 0.07% of portfolio |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | $10.4M 0.00% of portfolio |
A Advisor Group Holdings, Inc. Institution | $10.1M 0.01% of portfolio |
Mutual Advisors, LLC RIA/Wealth | $9.8M 0.22% of portfolio |
Prosperity Financial Group, Inc. RIA/Wealth | $5.0M 1.89% of portfolio |
Janney Montgomery Scott LLC RIA/Wealth | $4.9M 0.01% of portfolio |
HighTower Advisors, LLC RIA/Wealth | $3.0M 0.00% of portfolio |
Institutional buying and selling activity for MISL in Q3 2025
| Institution | Net Bought |
|---|---|
L LPL Financial LLC Institution | +$3.2M +77.6K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | +$3.2M +76.6K shares |
HighTower Advisors, LLC RIA/Wealth | +$2.0M +47.3K shares |
Concorde Asset Management, LLC RIA/Wealth | +$1.8M +42.4K shares |
Sigma Planning Corp RIA/Wealth | +$1.8M +42.5K shares |
IFP Advisors, Inc RIA/Wealth | +$1.7M +42.0K shares |
Cetera Investment Advisers RIA/Wealth | +$893.1K +21.5K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$813.1K +19.6K shares |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$806.8K +19.5K shares |
BANK OF AMERICA CORP /DE/ Institution | +$801.6K +19.3K shares |
| Institution | Net Sold |
|---|---|
Clear Creek Financial Management, LLC RIA/Wealth | −$1.3M −31.1K shares |
TOUNJIAN ADVISORY PARTNERS, LLC Family Office | −$1.2M −39.8K shares |
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth | −$527.2K −14.1K shares |
J JANE STREET GROUP, LLC Institution | −$361.8K −9.7K shares |
MML INVESTORS SERVICES, LLC RIA/Wealth | −$213.4K −5.1K shares |
B BENJAMIN EDWARDS INC Institution | −$185.7K −4.5K shares |
J J.W. COLE ADVISORS, INC. Institution | −$122.6K −3.0K shares |
T TOTAL INVESTMENT MANAGEMENT INC Institution | −$121.3K −3.2K shares |
Kestra Advisory Services, LLC RIA/Wealth | −$85.1K −2.1K shares |
Key Client Fiduciary Advisors, LLC RIA/Wealth | −$77.4K −1.9K shares |
Institutions that initiated new positions or completely exited MISL in Q3 2025
| Institution | Position Value |
|---|---|
Concorde Asset Management, LLC RIA/Wealth | $1.8M 42.4K shares |
H HRT FINANCIAL LLC Institution | $558.3K 13.5K shares |
Retirement Planning Group RIA/Wealth | $453.4K 10.9K shares |
Indie Asset Partners, LLC RIA/Wealth | $297.4K 7.2K shares |
INTL FCSTONE INC. Institution | $229.7K 5.5K shares |
PARK AVENUE SECURITIES LLC RIA/Wealth | $213.5K 5.2K shares |
NBC SECURITIES, INC. RIA/Wealth | $63.1K 1.5K shares |
A Advisory Services Network, LLC RIA/Wealth | $37.3K 901.0 shares |
| Institution | Previous Position |
|---|---|
TOUNJIAN ADVISORY PARTNERS, LLC Family Office | $1.2M 39.8K shares |
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth | $527.2K 14.1K shares |
J JANE STREET GROUP, LLC Institution | $361.8K 9.7K shares |
T TOTAL INVESTMENT MANAGEMENT INC Institution | $121.3K 3.2K shares |
SRS Capital Advisors, Inc. RIA/Wealth | $32.6K 873.0 shares |
TWIN PEAKS WEALTH ADVISORS, LLC RIA/Wealth | $31.0K 794.0 shares |
Institutions with the largest Call and Put options positions in MISL as of Q3 2025
| Institution | Position Value |
|---|---|
| No call positions found | |
| Institution | Position Value |
|---|---|
| No put positions found | |
Institutions with MISL as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Key Client Fiduciary Advisors, LLC RIA/Wealth | 4.32% $12.7M |
Prosperity Financial Group, Inc. RIA/Wealth | 1.89% $5.0M |
Concorde Asset Management, LLC RIA/Wealth | 0.75% $1.8M |
Northwest Financial Advisors RIA/Wealth | 0.61% $476.3K |
O Owen LaRue, LLC Institution | 0.48% $1.2M |
B Bright Futures Wealth Management, LLC. RIA/Wealth | 0.47% $588.7K |
Indie Asset Partners, LLC RIA/Wealth | 0.40% $297.4K |
Global Assets Advisory, LLC RIA/Wealth | 0.39% $1.3M |
ADAMSBROWN WEALTH CONSULTANTS LLC RIA/Wealth | 0.23% $850.2K |
Mutual Advisors, LLC RIA/Wealth | 0.22% $9.8M |
Discover hedge funds investing in MISL

| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $2.1B | 1.68% | |
Semiconductors Technology | $1.8B | 1.50% | |
Internet Content & Information Communication Services | $1.4B | 1.18% |
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