Ausdal Financial Partners Inc. Trims Position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Ausdal Financial Partners Inc. reduced its position in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 9.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 98,967 shares of the company’s stock after selling 9,974 shares during the period. Ausdal Financial Partners Inc. owned about 4.04% of First Trust Multi-Manager Large Growth ETF worth $2,990,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its position in shares of First Trust Multi-Manager Large Growth ETF by 3.7% in the fourth quarter. LPL Financial LLC now owns 550,785 shares of the company’s stock valued at $16,639,000 after purchasing an additional 19,658 shares during the period. Harbour Investments Inc. boosted its stake in First Trust Multi-Manager Large Growth ETF by 39.5% in the 4th quarter. Harbour Investments Inc. now owns 75,078 shares of the company’s stock worth $2,268,000 after buying an additional 21,246 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in First Trust Multi-Manager Large Growth ETF by 2.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 91,909 shares of the company’s stock valued at $2,777,000 after buying an additional 2,348 shares during the period. Total Investment Management Inc. increased its stake in shares of First Trust Multi-Manager Large Growth ETF by 3.1% during the 4th quarter. Total Investment Management Inc. now owns 59,568 shares of the company’s stock valued at $1,800,000 after acquiring an additional 1,804 shares during the last quarter. Finally, Hobart Private Capital LLC lifted its holdings in shares of First Trust Multi-Manager Large Growth ETF by 66.1% during 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.

First Trust Multi-Manager Large Growth ETF Stock Performance

First Trust Multi-Manager Large Growth ETF stock opened at $29.34 on Wednesday. First Trust Multi-Manager Large Growth ETF has a 1 year low of $24.54 and a 1 year high of $33.23. The firm has a 50 day moving average price of $30.66 and a 200 day moving average price of $30.04. The company has a market cap of $73.35 million, a price-to-earnings ratio of 40.23 and a beta of 1.20.

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.