Truist Financial Corp Acquires 442 Shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Truist Financial Corp lifted its position in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,532 shares of the company’s stock after purchasing an additional 442 shares during the quarter. Truist Financial Corp owned approximately 0.65% of First Trust Horizon Managed Volatility Developed International ETF worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Principal Securities Inc. increased its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 4.8% in the fourth quarter. Principal Securities Inc. now owns 13,999 shares of the company’s stock worth $403,000 after acquiring an additional 636 shares in the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

HDMV stock opened at $31.63 on Friday. The stock has a market capitalization of $33.21 million, a P/E ratio of 16.74 and a beta of 0.65. The business has a 50-day moving average of $29.78 and a 200-day moving average of $30.25. First Trust Horizon Managed Volatility Developed International ETF has a fifty-two week low of $26.13 and a fifty-two week high of $32.20.

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.