First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 2.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,991 shares of the company’s stock after buying an additional 4,746 shares during the quarter. Envestnet Asset Management Inc. owned approximately 32.91% of First Trust Horizon Managed Volatility Small/Mid ETF worth $6,040,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HSMV. Bank of New York Mellon Corp increased its position in First Trust Horizon Managed Volatility Small/Mid ETF by 16.5% during the second quarter. Bank of New York Mellon Corp now owns 7,214 shares of the company’s stock worth $241,000 after purchasing an additional 1,023 shares during the last quarter. Cetera Advisors LLC raised its position in First Trust Horizon Managed Volatility Small/Mid ETF by 32.4% in the first quarter. Cetera Advisors LLC now owns 21,877 shares of the company’s stock valued at $743,000 after purchasing an additional 5,359 shares during the period. Cetera Investment Advisers grew its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 68.1% during the 1st quarter. Cetera Investment Advisers now owns 148,006 shares of the company’s stock worth $5,025,000 after purchasing an additional 59,936 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 4.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,278 shares of the company’s stock valued at $655,000 after buying an additional 777 shares during the period.

First Trust Horizon Managed Volatility Small/Mid ETF Stock Performance

NYSEARCA:HSMV opened at $36.55 on Monday. The stock has a market capitalization of $20.10 million, a P/E ratio of 17.20 and a beta of 0.81. First Trust Horizon Managed Volatility Small/Mid ETF has a fifty-two week low of $28.02 and a fifty-two week high of $36.78. The company has a 50 day moving average price of $35.63 and a 200 day moving average price of $34.17.

About First Trust Horizon Managed Volatility Small/Mid ETF

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.