Sigma Planning Corp bought a new stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 68,323 shares of the company’s stock, valued at approximately $2,592,000.
A number of other large investors also recently made changes to their positions in the stock. RFG Advisory LLC boosted its position in shares of First Trust Multi-Manager Large Growth ETF by 94.0% in the 2nd quarter. RFG Advisory LLC now owns 13,794 shares of the company’s stock worth $504,000 after purchasing an additional 6,683 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of First Trust Multi-Manager Large Growth ETF during the second quarter worth $713,000. Kirkwood Financial Services bought a new stake in First Trust Multi-Manager Large Growth ETF in the second quarter valued at about $13,311,000. Gateway Wealth Partners LLC increased its holdings in First Trust Multi-Manager Large Growth ETF by 100.8% in the first quarter. Gateway Wealth Partners LLC now owns 43,234 shares of the company’s stock valued at $1,355,000 after purchasing an additional 21,698 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in First Trust Multi-Manager Large Growth ETF by 2.8% in the first quarter. Cetera Investment Advisers now owns 112,186 shares of the company’s stock valued at $3,517,000 after purchasing an additional 3,075 shares during the last quarter.
First Trust Multi-Manager Large Growth ETF Trading Up 0.9%
NYSEARCA:MMLG opened at $36.89 on Wednesday. First Trust Multi-Manager Large Growth ETF has a 1-year low of $30.07 and a 1-year high of $38.02. The business’s 50-day moving average price is $37.49 and its two-hundred day moving average price is $35.57. The firm has a market capitalization of $92.22 million, a price-to-earnings ratio of 43.22 and a beta of 1.39.
About First Trust Multi-Manager Large Growth ETF
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.
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