Clarus Wealth Advisors Decreases Stock Position in First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC)

Clarus Wealth Advisors lowered its holdings in shares of First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,883 shares of the company’s stock after selling 914 shares during the period. Clarus Wealth Advisors owned about 4.75% of First Trust Multi-Manager Small Cap Opportunities ETF worth $642,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Trinity Legacy Partners LLC raised its position in shares of First Trust Multi-Manager Small Cap Opportunities ETF by 2.7% in the second quarter. Trinity Legacy Partners LLC now owns 121,002 shares of the company’s stock valued at $2,337,000 after buying an additional 3,133 shares during the last quarter. Impact Partnership Wealth LLC acquired a new position in First Trust Multi-Manager Small Cap Opportunities ETF in the third quarter valued at $264,000. Finally, Manchester Financial Inc. lifted its position in First Trust Multi-Manager Small Cap Opportunities ETF by 1.9% during the third quarter. Manchester Financial Inc. now owns 277,984 shares of the company’s stock worth $5,721,000 after buying an additional 5,286 shares during the period.

First Trust Multi-Manager Small Cap Opportunities ETF Price Performance

NYSEARCA MMSC opened at $20.99 on Wednesday. The company has a market cap of $13.64 million, a P/E ratio of 32.28 and a beta of 1.24. First Trust Multi-Manager Small Cap Opportunities ETF has a 12 month low of $16.67 and a 12 month high of $22.89. The company has a 50-day moving average of $21.74 and a 200-day moving average of $20.58.

About First Trust Multi-Manager Small Cap Opportunities ETF

The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks. MMSC was launched on Oct 13, 2021 and is managed by First Trust.