First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. reduced its holdings in First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) by 65.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,610 shares of the company’s stock after selling 110,081 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 4.27% of First Trust Multi-Manager Small Cap Opportunities ETF worth $1,047,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MMSC. Envestnet Asset Management Inc. acquired a new stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF in the 4th quarter valued at approximately $466,000. Jaffetilchin Investment Partners LLC lifted its holdings in shares of First Trust Multi-Manager Small Cap Opportunities ETF by 5.1% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 168,691 shares of the company’s stock valued at $3,498,000 after buying an additional 8,170 shares during the period. Aptus Capital Advisors LLC acquired a new stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF in the 4th quarter valued at approximately $96,000. Citadel Advisors LLC purchased a new position in First Trust Multi-Manager Small Cap Opportunities ETF in the 4th quarter valued at approximately $721,000. Finally, Cetera Investment Advisers increased its stake in First Trust Multi-Manager Small Cap Opportunities ETF by 79.8% in the 4th quarter. Cetera Investment Advisers now owns 25,637 shares of the company’s stock valued at $532,000 after purchasing an additional 11,375 shares in the last quarter.

First Trust Multi-Manager Small Cap Opportunities ETF Price Performance

NYSEARCA MMSC opened at $20.72 on Friday. The company has a market capitalization of $24.86 million, a P/E ratio of 27.00 and a beta of 0.96. The business has a 50 day moving average price of $19.59 and a 200 day moving average price of $19.67. First Trust Multi-Manager Small Cap Opportunities ETF has a 1-year low of $15.78 and a 1-year high of $22.89.

About First Trust Multi-Manager Small Cap Opportunities ETF

The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks. MMSC was launched on Oct 13, 2021 and is managed by First Trust.