Orion Portfolio Solutions LLC Lowers Stock Holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Orion Portfolio Solutions LLC lessened its stake in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 4.0% in the third quarter, HoldingsChannel reports. The fund owned 37,982 shares of the company’s stock after selling 1,583 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $1,452,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HUSV. HighTower Advisors LLC lifted its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 23.7% in the 3rd quarter. HighTower Advisors LLC now owns 7,140 shares of the company’s stock valued at $271,000 after purchasing an additional 1,368 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter valued at about $1,011,000. Concurrent Investment Advisors LLC boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 217.0% in the third quarter. Concurrent Investment Advisors LLC now owns 34,217 shares of the company’s stock worth $1,308,000 after purchasing an additional 23,423 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 15.0% in the third quarter. J.W. Cole Advisors Inc. now owns 14,980 shares of the company’s stock worth $573,000 after acquiring an additional 1,949 shares during the period. Finally, Iams Wealth Management LLC grew its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 4.9% during the 3rd quarter. Iams Wealth Management LLC now owns 6,894 shares of the company’s stock valued at $264,000 after purchasing an additional 325 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Trading Down 0.4 %

Shares of HUSV stock opened at $38.33 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $33.15 and a 12 month high of $39.87. The company has a 50 day simple moving average of $38.69 and a two-hundred day simple moving average of $37.30. The stock has a market cap of $93.90 million, a P/E ratio of 24.38 and a beta of 0.51.

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.