Kirkwood Financial Services Buys Shares of 364,178 First Trust Multi-Manager Large Growth ETF $MMLG

Kirkwood Financial Services bought a new stake in First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 364,178 shares of the company’s stock, valued at approximately $13,311,000. First Trust Multi-Manager Large Growth ETF makes up 3.8% of Kirkwood Financial Services’ portfolio, making the stock its 8th biggest holding. Kirkwood Financial Services owned about 0.15% of First Trust Multi-Manager Large Growth ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Gateway Wealth Partners LLC increased its position in shares of First Trust Multi-Manager Large Growth ETF by 100.8% during the first quarter. Gateway Wealth Partners LLC now owns 43,234 shares of the company’s stock worth $1,355,000 after purchasing an additional 21,698 shares in the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Multi-Manager Large Growth ETF by 2.8% in the 1st quarter. Cetera Investment Advisers now owns 112,186 shares of the company’s stock valued at $3,517,000 after purchasing an additional 3,075 shares in the last quarter. RFG Advisory LLC acquired a new stake in First Trust Multi-Manager Large Growth ETF during the 1st quarter worth $223,000. Equitable Holdings Inc. boosted its stake in First Trust Multi-Manager Large Growth ETF by 14.0% during the 4th quarter. Equitable Holdings Inc. now owns 19,444 shares of the company’s stock worth $689,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of First Trust Multi-Manager Large Growth ETF by 3.4% during the fourth quarter. Osaic Holdings Inc. now owns 374,624 shares of the company’s stock worth $13,273,000 after buying an additional 12,482 shares in the last quarter.

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

Shares of NYSEARCA MMLG opened at $37.21 on Monday. The firm has a 50-day simple moving average of $36.76 and a 200-day simple moving average of $35.24. The stock has a market capitalization of $93.03 million, a price-to-earnings ratio of 43.22 and a beta of 1.39. First Trust Multi-Manager Large Growth ETF has a 52 week low of $30.07 and a 52 week high of $38.02.

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.