LPL Financial LLC Buys 8,788 Shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

LPL Financial LLC lifted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 5.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,650 shares of the company’s stock after acquiring an additional 8,788 shares during the period. LPL Financial LLC owned approximately 20.55% of First Trust Horizon Managed Volatility Developed International ETF worth $5,606,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. OneDigital Investment Advisors LLC bought a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 1st quarter worth approximately $488,000. Cetera Investment Advisers lifted its stake in First Trust Horizon Managed Volatility Developed International ETF by 3.7% during the fourth quarter. Cetera Investment Advisers now owns 163,559 shares of the company’s stock worth $4,706,000 after purchasing an additional 5,847 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 3.8% during 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. lifted 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 valued at $6,058,000 after purchasing an additional 9,504 shares during the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Trading Up 0.6%

First Trust Horizon Managed Volatility Developed International ETF stock opened at $35.56 on Wednesday. The stock has a 50-day moving average price of $35.10 and a two-hundred day moving average price of $33.38. The company has a market capitalization of $23.11 million, a PE 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.

First Trust Horizon Managed Volatility Developed International ETF Profile

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.