First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) Shares Acquired by Total Investment Management Inc.

Total Investment Management Inc. boosted its stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,568 shares of the company’s stock after purchasing an additional 1,804 shares during the quarter. First Trust Multi-Manager Large Growth ETF makes up approximately 0.3% of Total Investment Management Inc.’s holdings, making the stock its 20th largest position. Total Investment Management Inc. owned approximately 2.43% of First Trust Multi-Manager Large Growth ETF worth $1,800,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of First Trust Multi-Manager Large Growth ETF in the 3rd quarter worth about $210,000. Hobart Private Capital LLC grew its position in First Trust Multi-Manager Large Growth ETF by 66.1% in the 4th quarter. Hobart Private Capital LLC now owns 15,028 shares of the company’s stock worth $454,000 after purchasing an additional 5,981 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of First Trust Multi-Manager Large Growth ETF by 5.4% in the third quarter. Harbour Investments Inc. now owns 53,832 shares of the company’s stock valued at $1,529,000 after purchasing an additional 2,772 shares during the period. Gateway Wealth Partners LLC raised its holdings in shares of First Trust Multi-Manager Large Growth ETF by 15.7% during the third quarter. Gateway Wealth Partners LLC now owns 19,263 shares of the company’s stock valued at $547,000 after buying an additional 2,617 shares during the last quarter. Finally, Centric Wealth Management boosted its position in shares of First Trust Multi-Manager Large Growth ETF by 4.4% during the third quarter. Centric Wealth Management now owns 11,081 shares of the company’s stock worth $328,000 after buying an additional 466 shares during the period.

First Trust Multi-Manager Large Growth ETF Price Performance

MMLG opened at $33.12 on Monday. First Trust Multi-Manager Large Growth ETF has a 12 month low of $24.54 and a 12 month high of $33.12. The stock’s 50 day moving average price is $31.36 and its 200 day moving average price is $29.54. The stock has a market cap of $81.14 million, a P/E ratio of 43.96 and a beta of 1.41.

First Trust Multi-Manager Large Growth ETF Company 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.