Manchester Financial Inc. Sells 1,670 Shares of First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC)

Manchester Financial Inc. lessened its stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,314 shares of the company’s stock after selling 1,670 shares during the period. First Trust Multi-Manager Small Cap Opportunities ETF makes up about 1.3% of Manchester Financial Inc.’s investment portfolio, making the stock its 17th largest holding. Manchester Financial Inc. owned 42.51% of First Trust Multi-Manager Small Cap Opportunities ETF worth $5,730,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Impact Partnership Wealth LLC purchased a new stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF in the third quarter worth $264,000. Comprehensive Financial Planning Inc. PA bought a new position in First Trust Multi-Manager Small Cap Opportunities ETF in the 4th quarter worth about $545,000. Finally, Trinity Legacy Partners LLC grew its position in First Trust Multi-Manager Small Cap Opportunities ETF by 29.9% during the 3rd quarter. Trinity Legacy Partners LLC now owns 157,223 shares of the company’s stock valued at $3,308,000 after purchasing an additional 36,221 shares during the last quarter.

First Trust Multi-Manager Small Cap Opportunities ETF Stock Performance

Shares of First Trust Multi-Manager Small Cap Opportunities ETF stock opened at $21.09 on Friday. The company has a 50-day simple moving average of $21.46 and a two-hundred day simple moving average of $20.87. The stock has a market capitalization of $13.71 million, a PE ratio of 32.28 and a beta of 1.24. First Trust Multi-Manager Small Cap Opportunities ETF has a 52-week low of $17.51 and a 52-week high of $22.89.

First Trust Multi-Manager Small Cap Opportunities ETF Company Profile

The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks. MMSC was launched on Oct 13, 2021 and is managed by First Trust.