First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) Stock Holdings Lifted by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. increased its position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,909 shares of the company’s stock after acquiring an additional 2,348 shares during the period. SRS Capital Advisors Inc. owned approximately 3.75% of First Trust Multi-Manager Large Growth ETF worth $2,777,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Total Investment Management Inc. increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 3.1% in the 4th quarter. Total Investment Management Inc. now owns 59,568 shares of the company’s stock worth $1,800,000 after acquiring an additional 1,804 shares during the period. Harbour Investments Inc. increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 5.4% in the 3rd quarter. Harbour Investments Inc. now owns 53,832 shares of the company’s stock worth $1,529,000 after acquiring an additional 2,772 shares during the period. Hobart Private Capital LLC increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 66.1% in the 4th quarter. Hobart Private Capital LLC now owns 15,028 shares of the company’s stock worth $454,000 after acquiring an additional 5,981 shares during the period. Centric Wealth Management increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 4.4% in the 3rd quarter. Centric Wealth Management now owns 11,081 shares of the company’s stock worth $328,000 after acquiring an additional 466 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of First Trust Multi-Manager Large Growth ETF in the 3rd quarter worth about $210,000.

First Trust Multi-Manager Large Growth ETF Stock Up 1.7 %

MMLG stock opened at $30.49 on Friday. First Trust Multi-Manager Large Growth ETF has a fifty-two week low of $24.54 and a fifty-two week high of $33.23. The firm’s 50-day simple moving average is $31.41 and its 200 day simple moving average is $29.91. The stock has a market cap of $74.70 million, a PE ratio of 43.00 and a beta of 1.20.

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.