Cetera Investment Advisers Has $4.67 Million Stake in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Cetera Investment Advisers grew its holdings in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 164,459 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. Cetera Investment Advisers owned about 14.30% of First Trust Horizon Managed Volatility Developed International ETF worth $4,670,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in First Trust Horizon Managed Volatility Developed International ETF by 24.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 8,628 shares of the company’s stock valued at $245,000 after buying an additional 1,695 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 2.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,067 shares of the company’s stock worth $627,000 after acquiring an additional 567 shares during the last quarter. Cetera Advisors LLC increased its position in First Trust Horizon Managed Volatility Developed International ETF by 30.8% during the first quarter. Cetera Advisors LLC now owns 24,291 shares of the company’s stock worth $711,000 after acquiring an additional 5,718 shares during the period. Avantax Advisory Services Inc. raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 5.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 28,259 shares of the company’s stock valued at $827,000 after purchasing an additional 1,565 shares during the last quarter. Finally, Golden State Equity Partners bought a new stake in First Trust Horizon Managed Volatility Developed International ETF in the 2nd quarter valued at $2,882,000.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

NYSEARCA HDMV opened at $30.81 on Wednesday. The company’s fifty day moving average is $30.85 and its two-hundred day moving average is $29.64. The firm has a market capitalization of $35.43 million, a price-to-earnings ratio of 16.19 and a beta of 0.60. First Trust Horizon Managed Volatility Developed International ETF has a 52-week low of $25.93 and a 52-week high of $32.20.

First Trust Horizon Managed Volatility Developed International ETF 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.