Envestnet Asset Management Inc. Acquires 14,902 Shares of First Trust Horizon Managed Volatility Small/Mid ETF $HSMV

Envestnet Asset Management Inc. boosted its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 7.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 204,348 shares of the company’s stock after acquiring an additional 14,902 shares during the period. Envestnet Asset Management Inc. owned 0.27% of First Trust Horizon Managed Volatility Small/Mid ETF worth $7,433,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Certior Financial Group LLC boosted its position in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 4.1% in the 3rd quarter. Certior Financial Group LLC now owns 8,024 shares of the company’s stock worth $292,000 after purchasing an additional 314 shares during the last quarter. Osaic Holdings Inc. lifted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 226.3% in the second quarter. Osaic Holdings Inc. now owns 5,224 shares of the company’s stock valued at $187,000 after buying an additional 3,623 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 5.6% during the second quarter. Cetera Investment Advisers now owns 155,405 shares of the company’s stock worth $5,571,000 after buying an additional 8,187 shares during the last quarter.

First Trust Horizon Managed Volatility Small/Mid ETF Trading Up 0.4%

First Trust Horizon Managed Volatility Small/Mid ETF stock opened at $38.09 on Friday. The firm has a market capitalization of $30.47 million, a P/E ratio of 17.07 and a beta of 0.82. The business has a 50-day moving average of $36.75 and a 200-day moving average of $36.29. First Trust Horizon Managed Volatility Small/Mid ETF has a 1 year low of $32.22 and a 1 year high of $38.30.

First Trust Horizon Managed Volatility Small/Mid ETF Company Profile

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.