Envestnet Portfolio Solutions Inc. Has $623,000 Stake in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Envestnet Portfolio Solutions Inc. boosted its position in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 16.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,657 shares of the company’s stock after purchasing an additional 3,127 shares during the period. Envestnet Portfolio Solutions Inc. owned about 1.88% of First Trust Horizon Managed Volatility Developed International ETF worth $623,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in HDMV. Synergy Asset Management LLC acquired a new stake in First Trust Horizon Managed Volatility Developed International ETF in the 4th quarter valued at approximately $81,000. Truist Financial Corp raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 6.2% in the fourth quarter. Truist Financial Corp now owns 7,532 shares of the company’s stock valued at $217,000 after purchasing an additional 442 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 16.8% in the fourth quarter. Bank of New York Mellon Corp now owns 10,866 shares of the company’s stock worth $313,000 after purchasing an additional 1,561 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in First Trust Horizon Managed Volatility Developed International ETF by 28.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 11,418 shares of the company’s stock valued at $329,000 after purchasing an additional 2,523 shares in the last quarter. Finally, Principal Securities Inc. increased its stake in First Trust Horizon Managed Volatility Developed International ETF by 4.8% in the 4th quarter. Principal Securities Inc. now owns 13,999 shares of the company’s stock valued at $403,000 after buying an additional 636 shares during the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

Shares of NYSEARCA:HDMV opened at $31.94 on Tuesday. The company’s 50-day moving average price is $30.60 and its two-hundred day moving average price is $30.33. First Trust Horizon Managed Volatility Developed International ETF has a one year low of $26.13 and a one year high of $32.30. The stock has a market capitalization of $31.94 million, a PE ratio of 16.82 and a beta of 0.65.

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.