Sigma Planning Corp Purchases New Shares in First Trust Multi-Manager Large Growth ETF $MMLG

Sigma Planning Corp purchased a new stake in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 68,323 shares of the company’s stock, valued at approximately $2,592,000. Sigma Planning Corp owned approximately 2.73% of First Trust Multi-Manager Large Growth ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. RFG Advisory LLC acquired a new position in First Trust Multi-Manager Large Growth ETF during the 1st quarter worth $223,000. Citadel Advisors LLC acquired a new stake in shares of First Trust Multi-Manager Large Growth ETF in the 2nd quarter valued at $713,000. Gateway Wealth Partners LLC raised its position in shares of First Trust Multi-Manager Large Growth ETF by 100.8% during the first quarter. Gateway Wealth Partners LLC now owns 43,234 shares of the company’s stock worth $1,355,000 after acquiring an additional 21,698 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Multi-Manager Large Growth ETF by 2.8% during the first quarter. Cetera Investment Advisers now owns 112,186 shares of the company’s stock worth $3,517,000 after acquiring an additional 3,075 shares during the last quarter. Finally, Kirkwood Financial Services bought a new stake in shares of First Trust Multi-Manager Large Growth ETF during the second quarter worth $13,311,000.

First Trust Multi-Manager Large Growth ETF Stock Up 0.9%

Shares of MMLG opened at $36.89 on Wednesday. First Trust Multi-Manager Large Growth ETF has a 12-month low of $30.07 and a 12-month high of $38.02. The firm has a market capitalization of $92.22 million, a PE ratio of 43.22 and a beta of 1.39. The stock’s fifty day simple moving average is $37.49 and its 200-day simple moving average is $35.57.

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.