First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Holdings Cut by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC decreased its stake in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,765 shares of the company’s stock after selling 1,416 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in First Trust Horizon Managed Volatility Developed International ETF were worth $1,159,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HDMV. 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 $2,882,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 3.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 167,010 shares of the company’s stock valued at $4,742,000 after purchasing an additional 5,847 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 1.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 204,296 shares of the company’s stock valued at $5,801,000 after purchasing an additional 3,645 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 24.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 8,628 shares of the company’s stock valued at $245,000 after purchasing an additional 1,695 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 0.7% during the 2nd quarter. Cetera Investment Advisers now owns 164,459 shares of the company’s stock valued at $4,670,000 after purchasing an additional 1,176 shares in the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Trading Up 0.2 %

First Trust Horizon Managed Volatility Developed International ETF stock opened at $29.61 on Friday. The company has a market capitalization of $34.05 million, a P/E ratio of 16.19 and a beta of 0.60. The firm’s fifty day simple moving average is $30.13 and its 200-day simple moving average is $30.05. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $26.13 and a 1-year high of $32.20.

About First Trust Horizon Managed Volatility Developed International ETF

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.