Truist Financial Corp Sells 11,290 Shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Truist Financial Corp trimmed its position in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 50.4% during the second quarter, Holdings Channel reports. The institutional investor owned 11,118 shares of the company’s stock after selling 11,290 shares during the quarter. Truist Financial Corp’s holdings in First Trust Horizon Managed Volatility Developed International ETF were worth $317,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of HDMV. Royal Bank of Canada grew its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 51.0% in the 1st quarter. Royal Bank of Canada now owns 2,197 shares of the company’s stock valued at $67,000 after acquiring an additional 742 shares in the last quarter. UBS Group AG increased its position in First Trust Horizon Managed Volatility Developed International ETF by 319.1% during the third quarter. UBS Group AG now owns 3,353 shares of the company’s stock worth $82,000 after buying an additional 2,553 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the first quarter worth approximately $325,000. Avantax Advisory Services Inc. grew its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 10.2% in the first quarter. Avantax Advisory Services Inc. now owns 12,150 shares of the company’s stock valued at $346,000 after purchasing an additional 1,126 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC grew its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 7.7% in the first quarter. Gladstone Institutional Advisory LLC now owns 13,985 shares of the company’s stock valued at $398,000 after purchasing an additional 997 shares during the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Trading Up 0.3 %

First Trust Horizon Managed Volatility Developed International ETF stock opened at $26.90 on Monday. First Trust Horizon Managed Volatility Developed International ETF has a 12 month low of $25.93 and a 12 month high of $29.84. The stock’s 50 day moving average is $27.06 and its 200-day moving average is $28.13. The company has a market capitalization of $37.66 million, a price-to-earnings ratio of 15.83 and a beta of 0.63.

About First Trust Horizon Managed Volatility Developed International ETF

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility index. The fund is an actively-managed fund of low expected volatility mid and large-cap stocks from developed markets. HDMV was launched on Aug 24, 2016 and is managed by First Trust.