Cetera Investment Advisers Has $5.57 Million Position in First Trust Horizon Managed Volatility Small/Mid ETF $HSMV

Cetera Investment Advisers boosted its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 5.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 155,405 shares of the company’s stock after acquiring an additional 8,187 shares during the period. Cetera Investment Advisers owned 25.90% of First Trust Horizon Managed Volatility Small/Mid ETF worth $5,571,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in HSMV. LPL Financial LLC lifted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 4.8% in the first quarter. LPL Financial LLC now owns 132,863 shares of the company’s stock valued at $4,785,000 after buying an additional 6,136 shares during the period. Bank of New York Mellon Corp raised its position in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 3.7% in the 1st quarter. Bank of New York Mellon Corp now owns 9,331 shares of the company’s stock valued at $336,000 after acquiring an additional 332 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 3.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,446 shares of the company’s stock worth $6,791,000 after acquiring an additional 5,570 shares during the last quarter.

First Trust Horizon Managed Volatility Small/Mid ETF Stock Performance

Shares of NYSEARCA:HSMV opened at $35.78 on Monday. The company has a 50 day moving average price of $35.84 and a two-hundred day moving average price of $35.97. The company has a market capitalization of $26.84 million, a PE ratio of 17.07 and a beta of 0.82. First Trust Horizon Managed Volatility Small/Mid ETF has a 52 week low of $32.22 and a 52 week high of $38.99.

About First Trust Horizon Managed Volatility Small/Mid ETF

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.