Concurrent Investment Advisors LLC Makes New Investment in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Concurrent Investment Advisors LLC acquired a new position in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,794 shares of the company’s stock, valued at approximately $382,000. Concurrent Investment Advisors LLC owned about 0.44% of First Trust Horizon Managed Volatility Domestic ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Iams Wealth Management LLC bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter valued at approximately $269,000. Avantax Advisory Services Inc. raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 6.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 61,783 shares of the company’s stock valued at $2,073,000 after acquiring an additional 3,753 shares in the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 2.0% during the second quarter. Atria Wealth Solutions Inc. now owns 39,911 shares of the company’s stock valued at $1,413,000 after acquiring an additional 774 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter valued at approximately $358,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 8.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 18,871 shares of the company’s stock valued at $633,000 after acquiring an additional 1,421 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

First Trust Horizon Managed Volatility Domestic ETF stock opened at $38.00 on Wednesday. The company has a 50 day moving average price of $36.45 and a 200-day moving average price of $35.54. First Trust Horizon Managed Volatility Domestic ETF has a fifty-two week low of $30.52 and a fifty-two week high of $38.22. The company has a market capitalization of $93.10 million, a PE ratio of 24.38 and a beta of 0.51.

About First Trust Horizon Managed Volatility Domestic ETF

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.