First Trust Multi-Manager Small Cap Opportunities ETF
MMSC
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 14, 2021
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities issued by small capitalization companies, defined as those within the market capitalization range of the Russell 2000 Growth Index, ranging from approximately $10.97 million to $17.3 billion as of November 30, 2024. The fund employs a multi-manager approach overseen by First Trust Advisors L.P., with assets allocated equally between sub-advisors Driehaus Capital Management LLC, which focuses on fundamentally strong companies with superior earnings growth potential incorporating environmental, social, and governance factors, and Stephens Investment Management Group LLC, which targets earnings catalysts and core growth companies based on behavioral finance principles; the portfolio principally comprises U.S.-domiciled common stocks and those of non-U.S. companies principally traded in the U.S., with significant exposure to industrials (approximately 24.6%), health care (23.5%), and information technology (19.0%) sectors, holding around 200-205 positions including top holdings such as Fabrinet, Bloom Energy Corporation, AeroVironment Inc., Xometry Inc., and MACOM Technology Solutions Holdings Inc.. Launched on October 13, 2021, and listed on NYSE Arca, MMSC is a series of First Trust Exchange-Traded Fund VIII with headquarters aligned to First Trust Advisors L.P. in Wheaton, Illinois, targeting investors seeking diversified exposure to the small-cap growth segment of the U.S. equity market. Recent portfolio adjustments as of November 2025 reflect active management dynamics, including new positions in ESCO Technologies Inc., ADMA Biologics Inc., Adtalem Global Education Inc., InterDigital Inc., and Planet Fitness Inc., alongside increases in holdings like Fabrinet and decreases in others such as Gulfport Energy Corporation, with assets under management around $24-35 million and an expense ratio of 0.95%. The fund maintains a non-diversified classification under the Investment Company Act of 1940, with periodic rebalancing to sustain equal sub-advisor allocations amid market drifts.