Certior Financial Group LLC Buys Shares of 7,695 First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV)

Certior Financial Group LLC purchased a new position in shares of First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 7,695 shares of the company’s stock, valued at approximately $276,000.

A number of other hedge funds have also made changes to their positions in HSMV. Envestnet Asset Management Inc. boosted its position in First Trust Horizon Managed Volatility Small/Mid ETF by 2.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 180,818 shares of the company’s stock worth $6,474,000 after purchasing an additional 3,509 shares during the period. LPL Financial LLC lifted its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 4.2% in the fourth quarter. LPL Financial LLC now owns 126,727 shares of the company’s stock worth $4,538,000 after buying an additional 5,073 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 12.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 18,333 shares of the company’s stock valued at $656,000 after buying an additional 2,101 shares during the last quarter. Principal Securities Inc. raised its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 2.6% in the 4th quarter. Principal Securities Inc. now owns 12,127 shares of the company’s stock worth $434,000 after acquiring an additional 302 shares during the period. Finally, Atria Wealth Solutions Inc. raised its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 23.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 9,772 shares of the company’s stock worth $350,000 after acquiring an additional 1,851 shares during the period.

First Trust Horizon Managed Volatility Small/Mid ETF Price Performance

HSMV stock opened at $33.88 on Monday. The stock has a market capitalization of $20.33 million, a price-to-earnings ratio of 18.67 and a beta of 0.86. The company has a 50-day moving average of $35.97 and a two-hundred day moving average of $36.52. First Trust Horizon Managed Volatility Small/Mid ETF has a 52-week low of $31.99 and a 52-week high of $38.99.

About First Trust Horizon Managed Volatility Small/Mid ETF

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.