First Trust Multi-Manager Large Growth ETF $MMLG Stock Holdings Lessened by Arkadios Wealth Advisors

Arkadios Wealth Advisors decreased its stake in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 24.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,891 shares of the company’s stock after selling 3,152 shares during the quarter. Arkadios Wealth Advisors owned 0.44% of First Trust Multi-Manager Large Growth ETF worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC raised its holdings in shares of First Trust Multi-Manager Large Growth ETF by 0.4% during the first quarter. LPL Financial LLC now owns 552,829 shares of the company’s stock valued at $15,098,000 after acquiring an additional 2,044 shares during the period. Goldman Sachs Group Inc. grew its position in First Trust Multi-Manager Large Growth ETF by 10.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 23,145 shares of the company’s stock worth $632,000 after purchasing an additional 2,152 shares in the last quarter. Centric Wealth Management grew its position in First Trust Multi-Manager Large Growth ETF by 17.1% during the 1st quarter. Centric Wealth Management now owns 17,551 shares of the company’s stock worth $479,000 after purchasing an additional 2,559 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in First Trust Multi-Manager Large Growth ETF by 14.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 25,399 shares of the company’s stock valued at $694,000 after purchasing an additional 3,276 shares during the period. Finally, Cetera Investment Advisers raised its stake in First Trust Multi-Manager Large Growth ETF by 5.1% during the 1st quarter. Cetera Investment Advisers now owns 100,447 shares of the company’s stock valued at $2,743,000 after purchasing an additional 4,846 shares during the period.

First Trust Multi-Manager Large Growth ETF Stock Up 0.0%

MMLG opened at $36.14 on Thursday. The firm has a market capitalization of $92.16 million, a P/E ratio of 43.22 and a beta of 1.23. The stock has a fifty day moving average of $36.07 and a 200-day moving average of $33.62. First Trust Multi-Manager Large Growth ETF has a 12-month low of $22.92 and a 12-month high of $37.65.

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.