Truist Financial Corp Sells 1,086 Shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Truist Financial Corp decreased its position in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,158 shares of the company’s stock after selling 1,086 shares during the period. Truist Financial Corp owned 1.15% of First Trust Horizon Managed Volatility Domestic ETF worth $997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 12.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 8,818 shares of the company’s stock valued at $312,000 after acquiring an additional 950 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in First Trust Horizon Managed Volatility Domestic ETF in the first quarter valued at about $348,000. Concurrent Investment Advisors LLC acquired a new position in First Trust Horizon Managed Volatility Domestic ETF in the second quarter valued at about $382,000. Envestnet Portfolio Solutions Inc. boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 19.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 22,607 shares of the company’s stock worth $809,000 after buying an additional 3,736 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 7.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 26,282 shares of the company’s stock worth $931,000 after buying an additional 1,916 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of HUSV stock opened at $38.26 on Monday. The stock has a market cap of $93.74 million, a PE ratio of 24.38 and a beta of 0.51. The stock has a 50-day moving average of $37.59 and a 200-day moving average of $36.10. First Trust Horizon Managed Volatility Domestic ETF has a one year low of $30.52 and a one year high of $38.39.

First Trust Horizon Managed Volatility Domestic ETF Company Profile

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.