First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) Shares Sold by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC cut its holdings in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 5.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,589 shares of the company’s stock after selling 1,901 shares during the quarter. Tcfg Wealth Management LLC owned approximately 1.25% of First Trust Multi-Manager Large Growth ETF worth $924,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Harbour Investments Inc. grew its position 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 last quarter. Gateway Wealth Partners LLC raised its stake in 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 worth $547,000 after purchasing an additional 2,617 shares during the period. Hobart Private Capital LLC raised its stake in First Trust Multi-Manager Large Growth ETF by 66.1% during the fourth 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 period. Centric Wealth Management raised its stake in 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 purchasing an additional 466 shares during the period. Finally, Jane Street Group LLC purchased a new position in First Trust Multi-Manager Large Growth ETF during the third quarter worth approximately $210,000.

First Trust Multi-Manager Large Growth ETF Stock Up 0.5 %

NYSEARCA:MMLG opened at $33.12 on Friday. The company 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 has a fifty-two week low of $24.54 and a fifty-two week high of $33.12. The firm’s 50 day moving average is $31.36 and its two-hundred day moving average is $29.52.

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.