First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lessened its position in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 55.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,472 shares of the company’s stock after selling 15,465 shares during the period. Avantax Advisory Services Inc. owned about 1.47% of First Trust Horizon Managed Volatility Developed International ETF worth $400,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HDMV. OneDigital Investment Advisors LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the first quarter worth $488,000. Cetera Investment Advisers increased its stake in First Trust Horizon Managed Volatility Developed International ETF by 3.7% in the fourth quarter. Cetera Investment Advisers now owns 163,559 shares of the company’s stock valued at $4,706,000 after purchasing an additional 5,847 shares during the last quarter. LPL Financial LLC lifted its position in First Trust Horizon Managed Volatility Developed International ETF by 3.2% during the fourth quarter. LPL Financial LLC now owns 165,862 shares of the company’s stock worth $4,773,000 after buying an additional 5,204 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in First Trust Horizon Managed Volatility Developed International ETF by 3.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 170,248 shares of the company’s stock worth $5,464,000 after buying an additional 6,228 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Horizon Managed Volatility Developed International ETF by 4.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 210,520 shares of the company’s stock worth $6,058,000 after buying an additional 9,504 shares during the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

NYSEARCA HDMV opened at $35.08 on Thursday. The company has a market cap of $22.80 million, a P/E ratio of 16.77 and a beta of 0.63. First Trust Horizon Managed Volatility Developed International ETF has a 12 month low of $28.26 and a 12 month high of $35.91. The company has a 50-day moving average of $35.10 and a 200-day moving average of $33.18.

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.