Kestra Private Wealth Services LLC Acquires 15,391 Shares of First Trust Multi-Manager Large Growth ETF $MMLG

Kestra Private Wealth Services LLC lifted its holdings in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 56.0% in the fourth quarter, Holdings Channel reports. The fund owned 42,876 shares of the company’s stock after purchasing an additional 15,391 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Multi-Manager Large Growth ETF were worth $1,519,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Private Advisor Group LLC lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 6.1% in the 3rd quarter. Private Advisor Group LLC now owns 33,682 shares of the company’s stock valued at $1,221,000 after acquiring an additional 1,925 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 10.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 23,145 shares of the company’s stock valued at $632,000 after acquiring an additional 2,152 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 10.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 34,992 shares of the company’s stock valued at $1,177,000 after acquiring an additional 3,442 shares during the last quarter. Two Sigma Investments LP lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 17.2% in the 3rd quarter. Two Sigma Investments LP now owns 24,500 shares of the company’s stock valued at $888,000 after acquiring an additional 3,600 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 21.1% in the 3rd quarter. Raymond James Financial Inc. now owns 25,950 shares of the company’s stock valued at $940,000 after acquiring an additional 4,515 shares during the last quarter.

First Trust Multi-Manager Large Growth ETF Trading Up 0.7%

Shares of NYSEARCA:MMLG opened at $35.41 on Friday. First Trust Multi-Manager Large Growth ETF has a 12 month low of $28.71 and a 12 month high of $37.65. The company has a 50-day moving average price of $33.05 and a 200 day moving average price of $34.48. The company has a market cap of $88.53 million, a price-to-earnings ratio of 43.22 and a beta of 1.26.

First Trust Multi-Manager Large Growth ETF Profile

The First Trust Multi-Manager Large Growth ETF (MMLG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is actively managed to invest in US large cap growth stocks. Stock selections are made by two portfolio managers. MMLG was launched on Jul 21, 2020 and is managed by First Trust.