Citadel Advisors LLC bought a new position in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,516 shares of the company’s stock, valued at approximately $713,000.
Several other hedge funds also recently made changes to their positions in MMLG. Kestra Private Wealth Services LLC raised its position in shares of First Trust Multi-Manager Large Growth ETF by 3.3% in the third quarter. Kestra Private Wealth Services LLC now owns 27,485 shares of the company’s stock valued at $996,000 after buying an additional 880 shares in the last quarter. Harbour Investments Inc. grew its position in First Trust Multi-Manager Large Growth ETF by 3.7% during the fourth quarter. Harbour Investments Inc. now owns 27,656 shares of the company’s stock worth $980,000 after buying an additional 997 shares in the last quarter. Private Advisor Group LLC increased its stake in First Trust Multi-Manager Large Growth ETF by 6.1% during the 3rd quarter. Private Advisor Group LLC now owns 33,682 shares of the company’s stock worth $1,221,000 after acquiring an additional 1,925 shares during the period. Goldman Sachs Group Inc. increased its stake in First Trust Multi-Manager Large Growth ETF by 10.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 23,145 shares of the company’s stock worth $632,000 after acquiring an additional 2,152 shares during the period. Finally, Equitable Holdings Inc. raised its holdings in First Trust Multi-Manager Large Growth ETF by 14.0% in the 4th quarter. Equitable Holdings Inc. now owns 19,444 shares of the company’s stock valued at $689,000 after acquiring an additional 2,395 shares in the last quarter.
First Trust Multi-Manager Large Growth ETF Stock Performance
NYSEARCA:MMLG opened at $36.61 on Friday. The stock has a fifty day moving average price of $36.86 and a 200-day moving average price of $35.37. The company has a market cap of $91.52 million, a price-to-earnings ratio of 43.22 and a beta of 1.39. First Trust Multi-Manager Large Growth ETF has a fifty-two week low of $30.07 and a fifty-two week high of $38.02.
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.
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