Centric Wealth Management Purchases 3,911 Shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Centric Wealth Management increased its position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 35.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,992 shares of the company’s stock after purchasing an additional 3,911 shares during the quarter. Centric Wealth Management owned approximately 0.61% of First Trust Multi-Manager Large Growth ETF worth $453,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of First Trust Multi-Manager Large Growth ETF in the 3rd quarter valued at $210,000. Hobart Private Capital LLC raised its position in First Trust Multi-Manager Large Growth ETF by 66.1% in 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 in the last quarter. Total Investment Management Inc. raised its position in First Trust Multi-Manager Large Growth ETF by 3.1% in the fourth quarter. Total Investment Management Inc. now owns 59,568 shares of the company’s stock worth $1,800,000 after purchasing an additional 1,804 shares in the last quarter. Harbour Investments Inc. boosted its holdings in First Trust Multi-Manager Large Growth ETF by 39.5% during the fourth quarter. Harbour Investments Inc. now owns 75,078 shares of the company’s stock valued at $2,268,000 after purchasing an additional 21,246 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its holdings in First Trust Multi-Manager Large Growth ETF by 2.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 91,909 shares of the company’s stock valued at $2,777,000 after purchasing an additional 2,348 shares in the last quarter.

First Trust Multi-Manager Large Growth ETF Trading Down 0.3 %

Shares of MMLG opened at $27.31 on Tuesday. The stock has a market cap of $65.54 million, a PE ratio of 39.98 and a beta of 1.20. First Trust Multi-Manager Large Growth ETF has a 1 year low of $24.54 and a 1 year high of $33.23. The stock has a 50 day simple moving average of $30.42 and a 200-day simple moving average of $30.06.

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.