First Trust Multi-Manager Large Growth ETF (MMLG) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $34.75 to $34.88
• 50-Day Range: $31.79 to $34.88
• 52-Week Range: $22.92 to $35.29
• Volume: 2,409 shs
• Average Volume: 15,959 shs
• Market Capitalization: $78.46 million
• Assets Under Management: $79.90 million
• Dividend Yield: N/A
• Net Expense Ratio: 0.85%
• Aggregate Rating: Moderate Buy

MMLG ETF - Frequently Asked Questions

How have MMLG shares performed this year?

First Trust Multi-Manager Large Growth ETF's stock was trading at $30.21 at the start of the year. Since then, MMLG stock has increased by 15.4% and is now trading at $34.87.

Who are First Trust Multi-Manager Large Growth ETF's major shareholders?

First Trust Multi-Manager Large Growth ETF's top institutional shareholders include Cetera Investment Advisers (4.66%), Ausdal Financial Partners Inc. (3.89%), Tower Research Capital LLC TRC (1.56%) and StoneX Group Inc. (1.42%).

How do I buy shares of First Trust Multi-Manager Large Growth ETF?

Shares of MMLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Multi-Manager Large Growth ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MMLG
• Inception Date: 7/21/2020
• Fund Manager: Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testinm, Stan Ueland, Chris A. Peterson, Douglas W. McLane, Frank M. Sands, Michael A. Sramek, Wesley A. Johnston, Thomas H. Trentman
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 88

Fund Statistics

• Assets Under Management: $79.90 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.01%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Latour Trading

Options

• Optionable: N/A
• Short Interest: 19,600 shs

Miscellaneous

• Outstanding Shares: 2,250,000
• Beta: 1.16
• Creation Unit: 50,000
• Creation Fee: $500.00