MMLG First Trust Multi-Manager Large Growth ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

MMLG — —
Key stats
About

First Trust Multi-Manager Large Growth ETF (MMLG) ETF

No description available.

Exchange
ARCX
Inception
2020-07-21
Has Options
No
ETF Profile
holdings as of 2026-05-31
Holdings
76
AUM
$93.6M
Provider
Nport
Inception
2020-07-21
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
—
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 50 of 76 holdings
Symbol Name Weight % Asset Class Country
NVDA NVIDIA CORP 11.90% Equity (common) US
GOOGL ALPHABET INC 5.71% Equity (common) US
— MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS 5.08% Short-term investment US
MSFT MICROSOFT CORP 4.84% Equity (common) US
META META PLATFORMS INC 4.63% Equity (common) US
AMZN AMAZON.COM INC 4.61% Equity (common) US
AAPL APPLE INC 4.34% Equity (common) US
AVGO BROADCOM INC 4.24% Equity (common) US
— SEAGATE TECHNOLOGY HOLDINGS PLC 3.06% Equity (common) IE
TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 2.57% Equity (common) TW
— SPOTIFY TECHNOLOGY SA 2.20% Equity (common) LU
SHOP SHOPIFY INC 2.06% Equity (common) CA
LLY ELI LILLY & COMPANY 1.94% Equity (common) US
CVNA CARVANA COMPANY 1.89% Equity (common) US
CRS CARPENTER TECHNOLOGY CORP 1.77% Equity (common) US
XYZ BLOCK INC 1.72% Equity (common) US
PWR QUANTA SERVICES INC 1.68% Equity (common) US
NFLX NETFLIX INC 1.56% Equity (common) US
LRCX LAM RESEARCH CORP 1.41% Equity (common) US
NET CLOUDFLARE INC 1.41% Equity (common) US
APP APPLOVIN CORP 1.41% Equity (common) US
V VISA INC 1.34% Equity (common) US
DASH DOORDASH INC 1.29% Equity (common) US
TSLA TESLA INC 1.23% Equity (common) US
MA MASTERCARD INC 1.18% Equity (common) US
AMD ADVANCED MICRO DEVICES INC 1.16% Equity (common) US
DDOG DATADOG INC 1.12% Equity (common) US
— NU HOLDINGS LTD 1.09% Equity (common) KY
ICE INTERCONTINENTAL EXCHANGE INC 1.03% Equity (common) US
KLAC KLA CORP 0.95% Equity (common) US
SE SEA LTD 0.92% Equity (common) KY
IOT SAMSARA INC 0.91% Equity (common) US
ORCL ORACLE CORP 0.85% Equity (common) US
GE GE AEROSPACE 0.85% Equity (common) US
PANW PALO ALTO NETWORKS INC 0.79% Equity (common) US
AXON AXON ENTERPRISE INC 0.75% Equity (common) US
ANET ARISTA NETWORKS INC 0.71% Equity (common) US
MU MICRON TECHNOLOGY INC 0.71% Equity (common) US
PLTR PALANTIR TECHNOLOGIES INC 0.68% Equity (common) US
APH AMPHENOL CORP 0.68% Equity (common) US
HLT HILTON WORLDWIDE HOLDINGS INC 0.53% Equity (common) US
SHW SHERWIN-WILLIAMS COMPANY (THE) 0.52% Equity (common) US
VRTX VERTEX PHARMACEUTICALS INC 0.51% Equity (common) US
LOW LOWE'S COMPANIES INC 0.46% Equity (common) US
GEV GE VERNOVA INC 0.45% Equity (common) US
WMT WALMART INC 0.45% Equity (common) US
ORLY O'REILLY AUTOMOTIVE INC 0.44% Equity (common) US
— ROYAL CARIBBEAN CRUISES LTD 0.43% Equity (common) LR
— FTAI AVIATION LTD 0.41% Equity (common) KY
FWONK LIBERTY MEDIA CORP 0.40% Equity (common) US
Geographic Breakdown
Non-Equity Breakdown
First Trust Multi-Manager Large Growth ETF · NPORT-P period 2026-05-31 (filed 2026-07-22)
Net assets: $94M · 76 total positions · equity 94.95% · non-equity 5.08%
Non-equity holdings — 1 positions, 5.08% of NAV
Category Weight Value Positions
Short-term investment 5.08% $4.8M 1
Chart
Seasonality
Insufficient price history — listed 2284 days ago. Seasonality patterns need at least one full year of data.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $36.49
SMA 50: $34.89
SMA 200: $34.94
Current: $36.09
EMA 12: $36.80
EMA 26: $36.23
MACD: 0.5629 | Signal: -0.0718
BULLISH
ADX (14): 26.75
TREND
+DI: 39.02
−DI: 37.64

Momentum Oscillators

RSI (14): 48.88
NEUTRAL
Stoch %K: 54.23
Stoch %D: 70.40
Williams %R: -73.79

Volume & Volatility

BB Upper: $37.87
BB Lower: $35.12
NEUTRAL
OBV: 434,459
Vol SMA 20: 3,873
Vol ROC: 296.58%
ATR: $0.45
True Range: $1.18
HV 20: 18.6%
HV 30: 17.3%
HV 60: 21.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-06-07T00:00:00 – 2026-06-05T00:00:00
AI Analysis

Here is my comprehensive stock analysis report for MMLG:

Executive Summary

BULLISH (confidence level: 6/10)

Key drivers: Technical momentum, positive sentiment from recent news headlines

Primary risks: High volatility, potential sell-off if market turns bearish

Investment thesis: MMLG has the potential to continue its uptrend due to a combination of technical and fundamental factors.

Recent news sentiment impact: Positive outlook for Q1 2023 equity market (Seeking Alpha)

Technical Analysis

Trend Direction: Short-term: Uptrend, Medium-term: Uptrend, Long-term: Uptrend

Support/Resistance Levels: SMA 20 ($36.49) and upper Bollinger Band ($37.87) serve as resistance; lower Bollinger Band ($35.12) serves as support.

Momentum Signals:

  • RSI interpretation: Neutral (48.88)
  • MACD signal: Bullish momentum
  • Bollinger Bands position: Neutral (squeeze)

Volume Analysis: Volume trends indicate institutional interest, with a volume rate of change of 296.58%.

News & Sentiment Analysis

Recent Headlines Summary: Positive outlook for Q1 2023 equity market (Seeking Alpha)

Sentiment Assessment: NEUTRAL

Catalyst Identification: No specific catalysts identified; however, earnings information and options activity could potentially impact the stock's performance.

Market Narrative: Recent news headlines align with the technical signals, suggesting a potential continuation of the uptrend.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to market (beta 1.40)

Volatility Regime: Current volatility is higher than historical levels

Options Market Signals: IV premium vs HV30: N/A (positive = implied richer than realized); no unusual activity or IV rank data available.

Downside Protection: Support levels at SMA 20 ($36.49) and lower Bollinger Band ($35.12) serve as risk management considerations.

Market Context & Positioning

Sector Performance: Relative strength vs sector/market (not provided)

Institutional Activity: Volume trends indicate institutional interest, with a volume rate of change of 296.58%.

Correlation Analysis: MMLG moves in tandem with the market (R-squared interpretation not provided).

Relative Valuation: Position within trading range; no specific relative valuation data available.

Key Levels & Action Items

Critical Price Levels: SMA 20 ($36.49) and upper Bollinger Band ($37.87) serve as resistance; lower Bollinger Band ($35.12) serves as support.

Breakout/Breakdown Levels: No specific levels identified; however, a breakout above the upper Bollinger Band or breakdown below the lower Bollinger Band could trigger significant moves.

Time-Sensitive Catalysts: Earnings information and options activity could potentially impact the stock's performance.

Risk Management: Stop-loss levels at SMA 20 ($36.49) and lower Bollinger Band ($35.12); position sizing considerations include risk tolerance and market conditions.

I hope this analysis meets your requirements!

Generated

MMLG Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Insufficient price history — listed 2284 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.

MMLG Institutional Ownership (13F)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

# Filer Shares Value % of Total % of Float Period
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
MMLG Constituent Performance

Click any bar to view the full quote for that stock.

MMLG Constituents (70 of 70)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
NVDA NVIDIA CORP 11.90% $214.25 -3.48%-1.37%-4.60%
GOOGL ALPHABET INC 5.71% $327.52 -2.16%-6.21%-4.33%
MSFT MICROSOFT CORP 4.84% $525.74 -1.35%-2.54%+5.58%
META META PLATFORMS INC 4.63% $658.36 -5.61%-10.64%-15.33%
AMZN AMAZON.COM INC 4.61% $252.17 -3.89%-1.02%+1.12%
AAPL APPLE INC 4.34% $345.49 +0.44%+1.02%+2.85%
AVGO BROADCOM INC 4.24% $323.89 -4.12%-5.93%-7.55%
TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 2.57% $415.01 -3.91%-1.71%-8.01%
SHOP SHOPIFY INC 2.06% $170.63 -2.10%-4.21%+17.55%
LLY ELI LILLY & COMPANY 1.94% $1319.61 +3.84%+5.43%+11.65%
CVNA CARVANA COMPANY 1.89% $58.91 -0.46%-2.81%-8.20%
CRS CARPENTER TECHNOLOGY CORP 1.77% $291.47 -20.83%-23.41%-27.29%
XYZ BLOCK INC 1.72% $78.8 +0.75%-1.30%+2.68%
PWR QUANTA SERVICES INC 1.68% $559.46 -6.93%-12.89%-13.06%
NFLX NETFLIX INC 1.56% $66.67 +2.51%-8.18%-7.04%
LRCX LAM RESEARCH CORP 1.41% $235.46 -9.72%-15.14%-23.34%
NET CLOUDFLARE INC 1.41% $309.27 +0.67%-2.23%-13.81%
APP APPLOVIN CORP 1.41% $264.38 -1.31%-5.34%-15.39%
V VISA INC 1.34% $412.66 +1.18%+3.23%+12.14%
DASH DOORDASH INC 1.29% $184.49 +0.02%-4.43%-1.62%
TSLA TESLA INC 1.23% $384.31 -0.56%+6.04%+1.69%
MA MASTERCARD INC 1.18% $629.4 +1.09%+2.12%+11.19%
AMD ADVANCED MICRO DEVICES INC 1.16% $512.5 -7.28%-8.85%-18.56%
DDOG DATADOG INC 1.12% $264.02 -3.32%-0.84%+2.76%
ICE INTERCONTINENTAL EXCHANGE INC 1.03% $162.12 +2.81%+2.35%+3.31%
KLAC KLA CORP 0.95% $149.86 -8.30%-14.10%-19.91%
SE SEA LTD 0.92% $76.94 -1.29%-21.09%-23.62%
IOT SAMSARA INC 0.91% $43.62 +0.88%+2.42%+10.94%
ORCL ORACLE CORP 0.85% $126.42 -2.10%-5.99%-9.40%
GE GE AEROSPACE 0.85% $290.47 -1.83%-6.90%-9.17%
PANW PALO ALTO NETWORKS INC 0.79% $358.13 +3.13%-3.28%-8.15%
AXON AXON ENTERPRISE INC 0.75% $402.61 +0.00%-3.50%-9.53%
ANET ARISTA NETWORKS INC 0.71% $172.15 -6.61%-7.24%-16.31%
MU MICRON TECHNOLOGY INC 0.71% $877.67 -3.94%-5.75%-18.77%
PLTR PALANTIR TECHNOLOGIES INC 0.68% $199.11 -1.29%-0.69%+3.39%
APH AMPHENOL CORP 0.68% $73.01 -7.82%-10.41%-12.12%
HLT HILTON WORLDWIDE HOLDINGS INC 0.53% $355.66 -1.82%+3.70%+13.95%
SHW SHERWIN-WILLIAMS COMPANY (THE) 0.52% $344.13 +2.03%+2.14%+7.41%
VRTX VERTEX PHARMACEUTICALS INC 0.51% $536.35 +2.26%+5.43%+2.67%
LOW LOWE'S COMPANIES INC 0.46% $203.58 +3.57%+4.02%+8.01%
GEV GE VERNOVA INC 0.45% $828.79 -10.49%-10.54%-13.22%
WMT WALMART INC 0.45% $119.83 +1.72%+1.66%+11.37%
ORLY O'REILLY AUTOMOTIVE INC 0.44% $91.02 +2.04%+2.85%+5.54%
FWONK LIBERTY MEDIA CORP 0.40% $91.33 +0.06%+0.57%-3.95%
BJ BJ'S WHOLESALE CLUB HOLDINGS INC 0.39% $105.21 +2.73%+1.88%+14.56%
CDNS CADENCE DESIGN SYSTEMS INC 0.39% $314.39 -3.58%-3.08%-2.36%
ECHO ECHOSTAR CORP 0.37% $88.41 -4.57%+1.80%-2.18%
ADI ANALOG DEVICES INC 0.36% $389.86 -3.97%-3.49%+1.89%
RARE ULTRAGENYX PHARMACEUTICAL INC 0.36% $16.2 +1.76%+6.79%+9.68%
DXCM DEXCOM INC 0.33% $79.12 -1.42%-9.79%-9.54%