Total Investment Management Inc. Acquires 1,804 Shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Total Investment Management Inc. grew its holdings in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,568 shares of the company’s stock after acquiring an additional 1,804 shares during the quarter. First Trust Multi-Manager Large Growth ETF accounts for 0.3% of Total Investment Management Inc.’s portfolio, making the stock its 20th largest holding. Total Investment Management Inc.’s holdings in First Trust Multi-Manager Large Growth ETF were worth $1,800,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Jane Street Group LLC acquired a new stake in First Trust Multi-Manager Large Growth ETF in the 3rd quarter worth $210,000. Centric Wealth Management raised 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 valued at $328,000 after buying an additional 466 shares during the last quarter. Hobart Private Capital LLC raised its position in shares of 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 valued at $454,000 after buying an additional 5,981 shares during the last quarter. Gateway Wealth Partners LLC grew its position 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 buying an additional 2,617 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in First Trust Multi-Manager Large Growth ETF by 5.4% during the third quarter. Harbour Investments Inc. now owns 53,832 shares of the company’s stock worth $1,529,000 after buying an additional 2,772 shares in the last quarter.

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

Shares of MMLG stock 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 company has a market capitalization of $81.14 million, a P/E ratio of 43.96 and a beta of 1.41. The stock has a 50 day moving average of $31.36 and a two-hundred day moving average of $29.54.

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.