Cetera Investment Advisers Sells 126,947 Shares of First Trust Horizon Managed Volatility Domestic ETF $HUSV

Cetera Investment Advisers cut its holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 67.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,228 shares of the company’s stock after selling 126,947 shares during the quarter. Cetera Investment Advisers owned approximately 2.87% of First Trust Horizon Managed Volatility Domestic ETF worth $2,405,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the 1st quarter worth approximately $565,000. Intrepid Financial Planning Group LLC raised 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 worth $765,000 after buying an additional 13,595 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 13.9% during the first quarter. Benjamin Edwards Inc. now owns 32,116 shares of the company’s stock worth $1,291,000 after buying an additional 3,930 shares during the period. Finally, LPL Financial LLC boosted its position in 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 valued at $14,440,000 after acquiring an additional 58,101 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Up 0.3%

Shares of NYSEARCA:HUSV opened at $39.37 on Friday. The company has a market capitalization of $94.49 million, a PE ratio of 24.59 and a beta of 0.65. First Trust Horizon Managed Volatility Domestic ETF has a 12-month low of $36.20 and a 12-month high of $40.57. The business’s fifty day simple moving average is $39.06 and its 200-day simple moving average is $39.57.

About First Trust Horizon Managed Volatility Domestic ETF

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.