International Assets Investment Management LLC Invests $753,000 in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

International Assets Investment Management LLC bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,450 shares of the company’s stock, valued at approximately $753,000.

Other large investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new stake in First Trust Horizon Managed Volatility Domestic ETF in the 3rd quarter worth about $31,000. Advisor Resource Council acquired a new position in First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter valued at approximately $239,000. IFP Advisors Inc lifted its position in First Trust Horizon Managed Volatility Domestic ETF by 61.1% in the 3rd quarter. IFP Advisors Inc now owns 9,338 shares of the company’s stock worth $291,000 after buying an additional 3,542 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter valued at $544,000. Finally, Avantax Advisory Services Inc. increased its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 21.3% in the third quarter. Avantax Advisory Services Inc. now owns 58,030 shares of the company’s stock worth $1,808,000 after acquiring an additional 10,186 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Up 0.7 %

Shares of NYSEARCA:HUSV opened at $34.74 on Wednesday. The firm has a market cap of $85.11 million, a price-to-earnings ratio of 23.97 and a beta of 0.51. First Trust Horizon Managed Volatility Domestic ETF has a 1 year low of $30.52 and a 1 year high of $35.78. The business has a fifty day simple moving average of $34.95 and a 200 day simple moving average of $33.62.

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.