Tcfg Wealth Management LLC Sells 1,354 Shares of First Trust Multi-Manager Large Growth ETF $MMLG

Tcfg Wealth Management LLC decreased its stake in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 29,132 shares of the company’s stock after selling 1,354 shares during the quarter. Tcfg Wealth Management LLC owned 1.32% of First Trust Multi-Manager Large Growth ETF worth $980,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in MMLG. LPL Financial LLC grew its position in 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 worth $15,098,000 after buying an additional 2,044 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of First Trust Multi-Manager Large Growth ETF by 14.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 25,399 shares of the company’s stock worth $694,000 after acquiring an additional 3,276 shares during the period. Cetera Investment Advisers lifted its position in shares of First Trust Multi-Manager Large Growth ETF by 5.1% in the 1st quarter. Cetera Investment Advisers now owns 100,447 shares of the company’s stock worth $2,743,000 after acquiring an additional 4,846 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of 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. Finally, Centric Wealth Management increased its position in shares of First Trust Multi-Manager Large Growth ETF by 17.1% during the first quarter. Centric Wealth Management now owns 17,551 shares of the company’s stock valued at $479,000 after purchasing an additional 2,559 shares during the period.

First Trust Multi-Manager Large Growth ETF Trading Up 0.3%

Shares of NYSEARCA MMLG opened at $36.39 on Tuesday. The firm has a market capitalization of $92.79 million, a price-to-earnings ratio of 43.22 and a beta of 1.16. First Trust Multi-Manager Large Growth ETF has a one year low of $22.92 and a one year high of $36.83. The business has a fifty day simple moving average of $35.25 and a 200 day simple moving average of $32.14.

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.