Cambridge Investment Research Advisors Inc. Lowers Stock Position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Cambridge Investment Research Advisors Inc. reduced its stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLGGet Rating) by 50.5% during the first quarter, Holdings Channel reports. The institutional investor owned 91,624 shares of the company’s stock after selling 93,570 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Multi-Manager Large Growth ETF were worth $2,112,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. TownSquare Capital LLC raised its stake in First Trust Multi-Manager Large Growth ETF by 19.6% during the 1st quarter. TownSquare Capital LLC now owns 9,797 shares of the company’s stock valued at $226,000 after purchasing an additional 1,607 shares during the period. Bedel Financial Consulting Inc. bought a new stake in First Trust Multi-Manager Large Growth ETF during the 1st quarter valued at approximately $41,000. First Republic Investment Management Inc. raised its stake in First Trust Multi-Manager Large Growth ETF by 15.4% during the 4th quarter. First Republic Investment Management Inc. now owns 22,548 shares of the company’s stock valued at $612,000 after purchasing an additional 3,008 shares during the period. CoreCap Advisors LLC raised its stake in First Trust Multi-Manager Large Growth ETF by 22.1% during the 1st quarter. CoreCap Advisors LLC now owns 43,632 shares of the company’s stock valued at $1,006,000 after purchasing an additional 7,885 shares during the period. Finally, Sigma Planning Corp raised its stake in First Trust Multi-Manager Large Growth ETF by 11.7% during the 1st quarter. Sigma Planning Corp now owns 78,170 shares of the company’s stock valued at $1,802,000 after purchasing an additional 8,167 shares during the period.

First Trust Multi-Manager Large Growth ETF Price Performance

Shares of MMLG opened at $17.86 on Tuesday. The business’s 50 day moving average is $18.54 and its 200 day moving average is $19.69. First Trust Multi-Manager Large Growth ETF has a 12-month low of $16.09 and a 12-month high of $29.35.

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Institutional Ownership by Quarter for First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

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