Envestnet Asset Management Inc. Purchases 38,749 Shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Envestnet Asset Management Inc. grew its stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 14.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 310,647 shares of the company’s stock after acquiring an additional 38,749 shares during the quarter. Envestnet Asset Management Inc. owned about 12.18% of First Trust Horizon Managed Volatility Domestic ETF worth $12,485,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Private Trust Co. NA boosted its position in First Trust Horizon Managed Volatility Domestic ETF by 63.3% in the 1st quarter. Private Trust Co. NA now owns 1,326 shares of the company’s stock worth $53,000 after purchasing an additional 514 shares in the last quarter. Breakthru Advisory Services LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter worth $257,000. Certior Financial Group LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter worth $356,000. Bank of New York Mellon Corp increased its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 13.7% during the 4th quarter. Bank of New York Mellon Corp now owns 10,856 shares of the company’s stock worth $406,000 after purchasing an additional 1,307 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter worth about $537,000.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of First Trust Horizon Managed Volatility Domestic ETF stock opened at $39.67 on Friday. The business has a 50-day moving average of $39.84 and a 200 day moving average of $39.23. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $35.61 and a 12 month high of $40.57. The stock has a market capitalization of $87.27 million, a price-to-earnings ratio of 24.59 and a beta of 0.77.

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.