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

Western Wealth Management LLC grew its holdings in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 318.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 52,260 shares of the company’s stock after buying an additional 39,785 shares during the quarter. Western Wealth Management LLC’s holdings in First Trust Multi-Manager Large Growth ETF were worth $1,253,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MMLG. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 267.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 98,516 shares of the company’s stock valued at $2,006,000 after purchasing an additional 71,692 shares during the period. Harbour Investments Inc. increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 63.8% during the second quarter. Harbour Investments Inc. now owns 147,220 shares of the company’s stock valued at $3,184,000 after purchasing an additional 57,333 shares during the period. International Assets Investment Management LLC acquired a new position in First Trust Multi-Manager Large Growth ETF during the fourth quarter worth about $1,266,000. Goldman Sachs Group Inc. grew its holdings in First Trust Multi-Manager Large Growth ETF by 223.9% during the second quarter. Goldman Sachs Group Inc. now owns 70,261 shares of the company’s stock worth $1,190,000 after acquiring an additional 48,571 shares during the period. Finally, Kestra Private Wealth Services LLC acquired a new position in First Trust Multi-Manager Large Growth ETF during the third quarter worth about $499,000.

First Trust Multi-Manager Large Growth ETF Stock Down 2.5 %

NYSEARCA:MMLG opened at $25.58 on Friday. The business’s 50-day moving average price is $26.98 and its 200 day moving average price is $24.23. The firm has a market cap of $63.95 million, a P/E ratio of 44.92 and a beta of 1.16. First Trust Multi-Manager Large Growth ETF has a 52-week low of $18.42 and a 52-week high of $27.90.

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.