First Trust Files To Launch Aerospace & Defense ETF

First Trust has just announced their filing with the SEC to launch a new ETF. If approved the fund would be called, the First Trust Indxx Aerospace & Defense ETF (MISL) and would be listed on the NYSE. MISL would consist of U.S. companies involved in the hypersonic warfare weapons technology, high power microwaves, electromagnetic weapons, and laser technology. The potential launch comes at a time of geopolitical tension as the Russian invasion of Ukraine continues.

ETF Newz Says:

If launched MISL will join a few other ETFs already in the space such as, the SPDR S&P Aerospace & Defense ETF (XAR) and the iShares U.S. Aerospace & Defense ETF (ITA).

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BNP Paribas Launches Sustainable Corporate Bond ETFs

BNP Paribas Asset Management has introduced two new exchange-traded funds (ETFs) focused on sustainable corporate bonds. The BNP...

BMO Launches Innovative Structured Outcome ETFs on Cboe Canada

BMO has partnered with Cboe Canada to introduce four new Exchange Traded Products (ETPs) catering to various investment...

ProShares Launches Groundbreaking Ether Strategy ETF and Dual Bitcoin-Ether ETFs

ProShares, a global leader in crypto-linked ETFs, is set to launch the ProShares Ether Strategy ETF (EETH), marking...

Bitwise Launches Ethereum Futures ETFs Amid Ethereum’s Surging Growth

Bitwise Asset Management, a leading crypto index fund manager in the United States, has announced the upcoming launch...