Kovack Advisors Inc. Decreases Holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Kovack Advisors Inc. lowered its stake in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 8.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 8,500 shares of the company’s stock after selling 790 shares during the period. Kovack Advisors Inc.’s holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $325,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in First Trust Horizon Managed Volatility Domestic ETF by 75.4% in the 1st quarter. Cetera Investment Advisers now owns 179,300 shares of the company’s stock worth $6,416,000 after acquiring an additional 77,095 shares in the last quarter. Cetera Advisors LLC increased its holdings in First Trust Horizon Managed Volatility Domestic ETF by 27.9% during the 1st quarter. Cetera Advisors LLC now owns 27,830 shares of the company’s stock worth $996,000 after purchasing an additional 6,067 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in First Trust Horizon Managed Volatility Domestic ETF by 3.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 23,387 shares of the company’s stock valued at $828,000 after purchasing an additional 780 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 2.0% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 39,911 shares of the company’s stock worth $1,413,000 after buying an additional 774 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 12.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 8,818 shares of the company’s stock worth $312,000 after buying an additional 950 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

NYSEARCA:HUSV opened at $38.48 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 1-year low of $32.36 and a 1-year high of $39.27. The company has a 50-day moving average of $38.26 and a 200 day moving average of $36.73. The firm has a market cap of $94.29 million, a PE ratio of 24.38 and a beta of 0.51.

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.