Kovack Advisors Inc. Sells 790 Shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Kovack Advisors Inc. lessened its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 8.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,500 shares of the company’s stock after selling 790 shares during the quarter. Kovack Advisors Inc. owned about 0.35% of First Trust Horizon Managed Volatility Domestic ETF worth $325,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its holdings in shares of 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 buying an additional 23,423 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in First Trust Horizon Managed Volatility Domestic ETF by 15.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 14,980 shares of the company’s stock worth $573,000 after purchasing an additional 1,949 shares in the last quarter. Iams Wealth Management LLC boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 4.9% in 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. Cetera Investment Advisers grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 1.8% during the 2nd quarter. Cetera Investment Advisers now owns 182,504 shares of the company’s stock valued at $6,462,000 after purchasing an additional 3,204 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 7.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 26,282 shares of the company’s stock worth $931,000 after purchasing an additional 1,916 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

Shares of HUSV stock opened at $38.48 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 52-week low of $32.36 and a 52-week high of $39.27. The business’s fifty day moving average is $38.26 and its 200 day moving average is $36.73. The company has a market capitalization of $94.29 million, a PE 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.