International Assets Investment Management LLC Invests $753,000 in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

International Assets Investment Management LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,450 shares of the company’s stock, valued at approximately $753,000. International Assets Investment Management LLC owned 0.77% of First Trust Horizon Managed Volatility Domestic ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HUSV. Golden State Equity Partners lifted its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 9.8% during the 3rd quarter. Golden State Equity Partners now owns 160,699 shares of the company’s stock valued at $5,038,000 after buying an additional 14,359 shares during the period. Kestra Advisory Services LLC boosted its position in First Trust Horizon Managed Volatility Domestic ETF by 25.8% in the third quarter. Kestra Advisory Services LLC now owns 74,056 shares of the company’s stock worth $2,307,000 after purchasing an additional 15,210 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 21.3% during the 3rd quarter. Avantax Advisory Services Inc. now owns 58,030 shares of the company’s stock valued at $1,808,000 after purchasing an additional 10,186 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter valued at about $544,000. Finally, IFP Advisors Inc increased its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 61.1% during the 3rd quarter. IFP Advisors Inc now owns 9,338 shares of the company’s stock valued at $291,000 after purchasing an additional 3,542 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Up 0.7 %

HUSV opened at $34.74 on Wednesday. The company’s 50 day moving average is $34.95 and its 200 day moving average is $33.62. The company has a market cap of $85.11 million, a price-to-earnings ratio of 23.97 and a beta of 0.51. First Trust Horizon Managed Volatility Domestic ETF has a 12-month low of $30.52 and a 12-month high of $35.78.

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.