Harbour Investments Inc. Buys 2,772 Shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Harbour Investments Inc. grew its stake in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 5.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,832 shares of the company’s stock after acquiring an additional 2,772 shares during the period. Harbour Investments Inc. owned 2.20% of First Trust Multi-Manager Large Growth ETF worth $1,529,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new position in First Trust Multi-Manager Large Growth ETF in the 2nd quarter worth approximately $62,000. Gateway Wealth Partners LLC increased its stake in shares of First Trust Multi-Manager Large Growth ETF by 12.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 16,646 shares of the company’s stock valued at $470,000 after buying an additional 1,885 shares during the period. Cetera Investment Advisers raised its position in shares of First Trust Multi-Manager Large Growth ETF by 95.6% during the second quarter. Cetera Investment Advisers now owns 41,956 shares of the company’s stock worth $1,185,000 after acquiring an additional 20,509 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in shares of First Trust Multi-Manager Large Growth ETF by 54.4% during the second quarter. SRS Capital Advisors Inc. now owns 90,120 shares of the company’s stock valued at $2,546,000 after acquiring an additional 31,770 shares during the period.

First Trust Multi-Manager Large Growth ETF Stock Up 0.4 %

First Trust Multi-Manager Large Growth ETF stock opened at $30.56 on Thursday. The business’s 50-day simple moving average is $28.59 and its 200 day simple moving average is $27.80. The stock has a market cap of $74.87 million, a price-to-earnings ratio of 43.96 and a beta of 1.41. First Trust Multi-Manager Large Growth ETF has a 12-month low of $21.96 and a 12-month high of $30.73.

First Trust Multi-Manager Large Growth ETF Company 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.