Harbour Investments Inc. Has $1.53 Million Stock Position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Harbour Investments Inc. boosted its position in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 5.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 53,832 shares of the company’s stock after purchasing an additional 2,772 shares during the period. Harbour Investments Inc. owned about 2.20% of First Trust Multi-Manager Large Growth ETF worth $1,529,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of First Trust Multi-Manager Large Growth ETF during the second quarter worth approximately $62,000. SRS Capital Advisors Inc. increased its holdings in First Trust Multi-Manager Large Growth ETF by 54.4% during the 2nd quarter. SRS Capital Advisors Inc. now owns 90,120 shares of the company’s stock valued at $2,546,000 after purchasing an additional 31,770 shares in the last quarter. Gateway Wealth Partners LLC raised its position in 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 purchasing an additional 1,885 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in First Trust Multi-Manager Large Growth ETF by 95.6% in the second quarter. Cetera Investment Advisers now owns 41,956 shares of the company’s stock worth $1,185,000 after purchasing an additional 20,509 shares in the last quarter.

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 stock has a 50-day simple moving average of $28.59 and a 200 day simple moving average of $27.80. The stock has a market capitalization 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.