Hobart Private Capital LLC Buys 5,981 Shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG)

Hobart Private Capital LLC increased its stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 66.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,028 shares of the company’s stock after buying an additional 5,981 shares during the period. Hobart Private Capital LLC owned 0.61% of First Trust Multi-Manager Large Growth ETF worth $454,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers boosted 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 acquiring an additional 20,509 shares during the period. Jane Street Group LLC acquired a new stake in First Trust Multi-Manager Large Growth ETF during the 3rd quarter worth approximately $210,000. Harbour Investments Inc. boosted its stake in First Trust Multi-Manager Large Growth ETF by 5.4% in the 3rd quarter. Harbour Investments Inc. now owns 53,832 shares of the company’s stock valued at $1,529,000 after purchasing an additional 2,772 shares during the period. Gateway Wealth Partners LLC grew its holdings in First Trust Multi-Manager Large Growth ETF by 15.7% in the 3rd quarter. Gateway Wealth Partners LLC now owns 19,263 shares of the company’s stock valued at $547,000 after buying an additional 2,617 shares in the last quarter. Finally, Centric Wealth Management increased its position in First Trust Multi-Manager Large Growth ETF by 4.4% during the 3rd quarter. Centric Wealth Management now owns 11,081 shares of the company’s stock worth $328,000 after buying an additional 466 shares during the period.

First Trust Multi-Manager Large Growth ETF Stock Performance

Shares of First Trust Multi-Manager Large Growth ETF stock opened at $32.24 on Friday. The firm has a 50-day moving average of $31.24 and a 200-day moving average of $29.31. First Trust Multi-Manager Large Growth ETF has a 52-week low of $24.54 and a 52-week high of $32.53. The stock has a market cap of $78.99 million, a PE ratio of 43.96 and a beta of 1.41.

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.