Envestnet Asset Management Inc. Increases Stock Position in First Trust Horizon Managed Volatility Domestic ETF $HUSV

Envestnet Asset Management Inc. grew its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 17.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,907 shares of the company’s stock after purchasing an additional 26,175 shares during the period. Envestnet Asset Management Inc. owned approximately 7.33% of First Trust Horizon Managed Volatility Domestic ETF worth $7,007,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Intrepid Financial Planning Group LLC boosted its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 110.8% in the second quarter. Intrepid Financial Planning Group LLC now owns 40,153 shares of the company’s stock valued at $1,603,000 after buying an additional 21,108 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in First Trust Horizon Managed Volatility Domestic ETF in the first quarter worth $565,000. Benjamin Edwards Inc. lifted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 43.7% in the second quarter. Benjamin Edwards Inc. now owns 46,136 shares of the company’s stock valued at $1,842,000 after acquiring an additional 14,020 shares during the period. Asset Allocation Strategies LLC boosted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 14.1% during the 3rd quarter. Asset Allocation Strategies LLC now owns 67,431 shares of the company’s stock worth $2,686,000 after purchasing an additional 8,332 shares in the last quarter. Finally, Golden State Equity Partners grew its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 9.8% during the 3rd quarter. Golden State Equity Partners now owns 88,673 shares of the company’s stock worth $3,531,000 after purchasing an additional 7,923 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Stock Up 0.4%

Shares of HUSV opened at $39.86 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 52-week low of $36.20 and a 52-week high of $40.57. The company has a 50-day simple moving average of $39.22 and a 200-day simple moving average of $39.27. The company has a market capitalization of $73.74 million, a PE ratio of 24.59 and a beta of 0.65.

First Trust Horizon Managed Volatility Domestic ETF 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.