Citadel Advisors LLC Makes New $713,000 Investment in First Trust Multi-Manager Large Growth ETF $MMLG

Citadel Advisors LLC acquired a new position in shares of First Trust Multi-Manager Large Growth ETF (NYSEARCA:MMLG) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,516 shares of the company’s stock, valued at approximately $713,000. Citadel Advisors LLC owned approximately 0.78% of First Trust Multi-Manager Large Growth ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. RFG Advisory LLC bought a new position in shares of First Trust Multi-Manager Large Growth ETF in the first quarter valued at $223,000. Equitable Holdings Inc. raised its position in First Trust Multi-Manager Large Growth ETF by 61.2% during the third quarter. Equitable Holdings Inc. now owns 17,049 shares of the company’s stock worth $618,000 after acquiring an additional 6,471 shares in the last quarter. Goldman Sachs Group Inc. raised its position in First Trust Multi-Manager Large Growth ETF by 10.3% during the first quarter. Goldman Sachs Group Inc. now owns 23,145 shares of the company’s stock worth $632,000 after acquiring an additional 2,152 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Multi-Manager Large Growth ETF in the second quarter valued at $721,000. Finally, Two Sigma Investments LP lifted its stake in First Trust Multi-Manager Large Growth ETF by 17.2% in the third quarter. Two Sigma Investments LP now owns 24,500 shares of the company’s stock valued at $888,000 after acquiring an additional 3,600 shares during the last quarter.

First Trust Multi-Manager Large Growth ETF Price Performance

Shares of MMLG opened at $36.61 on Friday. The firm has a 50-day moving average of $36.86 and a 200-day moving average of $35.37. First Trust Multi-Manager Large Growth ETF has a one year low of $30.07 and a one year high of $38.02. The company has a market cap of $91.52 million, a PE ratio of 43.22 and a beta of 1.39.

First Trust Multi-Manager Large Growth ETF 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.