First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Stake Lessened by Financial Advocates Investment Management

Financial Advocates Investment Management trimmed its stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,698 shares of the company’s stock after selling 1,031 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $699,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Iams Wealth Management LLC raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 4.9% in the 3rd quarter. Iams Wealth Management LLC now owns 6,894 shares of the company’s stock valued at $264,000 after purchasing an additional 325 shares in the last quarter. HighTower Advisors LLC raised its stake in First Trust Horizon Managed Volatility Domestic ETF by 23.7% during the third quarter. HighTower Advisors LLC now owns 7,140 shares of the company’s stock valued at $271,000 after buying an additional 1,368 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in First Trust Horizon Managed Volatility Domestic ETF by 15.0% during the third quarter. J.W. Cole Advisors Inc. now owns 14,980 shares of the company’s stock valued at $573,000 after buying an additional 1,949 shares in the last quarter. Asset Allocation Strategies LLC bought a new position in First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter worth approximately $202,000. Finally, Concurrent Investment Advisors LLC grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 217.0% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 34,217 shares of the company’s stock worth $1,308,000 after acquiring an additional 23,423 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of HUSV opened at $38.95 on Friday. The stock has a market capitalization of $95.43 million, a PE ratio of 24.38 and a beta of 0.51. The business’s fifty day moving average price is $38.14 and its 200 day moving average price is $37.95. First Trust Horizon Managed Volatility Domestic ETF has a 12-month low of $33.89 and a 12-month high of $39.87.

First Trust Horizon Managed Volatility Domestic ETF Company Profile

The First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund that uses volatility forecasting to select and weight large-cap US stocks. HUSV was launched on Aug 24, 2016 and is managed by First Trust.