Moneywise Inc. Reduces Position in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Moneywise Inc. cut its stake in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 24.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,658 shares of the company’s stock after selling 2,851 shares during the period. Moneywise Inc. owned 0.75% of First Trust Horizon Managed Volatility Developed International ETF worth $273,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Golden State Equity Partners bought a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter valued at about $2,882,000. Cetera Investment Advisers lifted its holdings in First Trust Horizon Managed Volatility Developed International ETF by 71.3% in the first quarter. Cetera Investment Advisers now owns 163,283 shares of the company’s stock worth $4,779,000 after buying an additional 67,967 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in First Trust Horizon Managed Volatility Developed International ETF by 3.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 167,010 shares of the company’s stock worth $4,742,000 after purchasing an additional 5,847 shares during the period. Cetera Advisors LLC raised its holdings in First Trust Horizon Managed Volatility Developed International ETF by 30.8% in the 1st quarter. Cetera Advisors LLC now owns 24,291 shares of the company’s stock worth $711,000 after acquiring an additional 5,718 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in First Trust Horizon Managed Volatility Developed International ETF by 1.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 204,296 shares of the company’s stock worth $5,801,000 after purchasing an additional 3,645 shares during the period.

First Trust Horizon Managed Volatility Developed International ETF Stock Down 1.1 %

HDMV stock traded down $0.33 during midday trading on Tuesday, hitting $30.69. The company’s stock had a trading volume of 2,422 shares, compared to its average volume of 4,796. The firm has a market capitalization of $35.29 million, a price-to-earnings ratio of 16.19 and a beta of 0.60. First Trust Horizon Managed Volatility Developed International ETF has a 12 month low of $25.93 and a 12 month high of $32.20. The company has a 50 day moving average of $31.15 and a two-hundred day moving average of $29.75.

First Trust Horizon Managed Volatility Developed International ETF Company Profile

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility index. The fund is an actively-managed fund of low expected volatility mid and large-cap stocks from developed markets. HDMV was launched on Aug 24, 2016 and is managed by First Trust.