Centric Wealth Management Has $328,000 Stock Holdings in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Centric Wealth Management lifted its stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,081 shares of the company’s stock after purchasing an additional 466 shares during the quarter. Centric Wealth Management owned 0.45% of First Trust Multi-Manager Large Growth ETF worth $328,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Gateway Wealth Partners LLC raised its position in First Trust Multi-Manager Large Growth ETF by 12.8% during the second quarter. Gateway Wealth Partners LLC now owns 16,646 shares of the company’s stock valued at $470,000 after purchasing an additional 1,885 shares in the last quarter. International Assets Investment Management LLC bought a new position in First Trust Multi-Manager Large Growth ETF in the 2nd quarter valued at approximately $62,000. Harbour Investments Inc. grew its stake in shares of First Trust Multi-Manager Large Growth ETF by 5.4% during the third quarter. Harbour Investments Inc. now owns 53,832 shares of the company’s stock worth $1,529,000 after buying an additional 2,772 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Multi-Manager Large Growth ETF by 95.6% during the second quarter. Cetera Investment Advisers now owns 41,956 shares of the company’s stock worth $1,185,000 after buying an additional 20,509 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in shares of First Trust Multi-Manager Large Growth ETF by 54.4% in the 2nd quarter. SRS Capital Advisors Inc. now owns 90,120 shares of the company’s stock valued at $2,546,000 after acquiring an additional 31,770 shares during the last quarter.

First Trust Multi-Manager Large Growth ETF Stock Down 0.8 %

Shares of MMLG stock opened at $30.50 on Friday. First Trust Multi-Manager Large Growth ETF has a twelve month low of $22.50 and a twelve month high of $30.77. The stock’s fifty day simple moving average is $29.20 and its 200 day simple moving average is $28.07. The firm has a market capitalization of $74.73 million, a P/E ratio of 43.96 and a beta of 1.41.

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.