Envestnet Asset Management Inc. Sells 160,915 Shares of First Trust Horizon Managed Volatility Domestic ETF $HUSV

Envestnet Asset Management Inc. decreased its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 51.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,732 shares of the company’s stock after selling 160,915 shares during the quarter. Envestnet Asset Management Inc. owned about 7.13% of First Trust Horizon Managed Volatility Domestic ETF worth $5,979,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HUSV. Benjamin Edwards Inc. grew its holdings in First Trust Horizon Managed Volatility Domestic ETF by 13.9% during the 1st quarter. Benjamin Edwards Inc. now owns 32,116 shares of the company’s stock worth $1,291,000 after acquiring an additional 3,930 shares during the period. Intrepid Financial Planning Group LLC lifted its stake in First Trust Horizon Managed Volatility Domestic ETF by 249.4% in the first quarter. Intrepid Financial Planning Group LLC now owns 19,045 shares of the company’s stock valued at $765,000 after buying an additional 13,595 shares during the period. Goldman Sachs Group Inc. bought a new position in First Trust Horizon Managed Volatility Domestic ETF during the first quarter worth about $565,000. Finally, LPL Financial LLC grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 19.3% during the 1st quarter. LPL Financial LLC now owns 359,301 shares of the company’s stock worth $14,440,000 after buying an additional 58,101 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of NYSEARCA:HUSV opened at $39.03 on Thursday. The firm’s 50 day simple moving average is $39.25 and its 200 day simple moving average is $39.62. First Trust Horizon Managed Volatility Domestic ETF has a fifty-two week low of $36.20 and a fifty-two week high of $40.57. The company has a market capitalization of $93.67 million, a price-to-earnings ratio of 24.59 and a beta of 0.65.

First Trust Horizon Managed Volatility Domestic ETF Company 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.