First Trust Horizon Managed Volatility Domestic ETF $HUSV Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 67.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,228 shares of the company’s stock after selling 126,947 shares during the period. Cetera Investment Advisers’ holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $2,405,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. purchased a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the 1st quarter valued at about $565,000. Intrepid Financial Planning Group LLC increased its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 249.4% in the first quarter. Intrepid Financial Planning Group LLC now owns 19,045 shares of the company’s stock valued at $765,000 after buying an additional 13,595 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 13.9% during the 1st quarter. Benjamin Edwards Inc. now owns 32,116 shares of the company’s stock worth $1,291,000 after buying an additional 3,930 shares during the period. Finally, LPL Financial LLC raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 19.3% during the 1st quarter. LPL Financial LLC now owns 359,301 shares of the company’s stock worth $14,440,000 after buying an additional 58,101 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of NYSEARCA:HUSV opened at $39.37 on Friday. The business’s 50 day moving average price is $39.06 and its 200-day moving average price is $39.57. First Trust Horizon Managed Volatility Domestic ETF has a 1 year low of $36.20 and a 1 year high of $40.57. The firm has a market capitalization of $94.49 million, a price-to-earnings ratio of 24.59 and a beta of 0.65.

First Trust Horizon Managed Volatility Domestic ETF 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.