Concurrent Investment Advisors LLC Acquires 794 Shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Concurrent Investment Advisors LLC increased its holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 2.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 35,011 shares of the company’s stock after buying an additional 794 shares during the quarter. Concurrent Investment Advisors LLC owned about 1.43% of First Trust Horizon Managed Volatility Domestic ETF worth $1,308,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Asset Allocation Strategies LLC bought a new stake in First Trust Horizon Managed Volatility Domestic ETF in the 3rd quarter worth about $202,000. HighTower Advisors LLC boosted its position in First Trust Horizon Managed Volatility Domestic ETF by 23.7% in the third quarter. HighTower Advisors LLC now owns 7,140 shares of the company’s stock worth $271,000 after purchasing an additional 1,368 shares during the last quarter. Principal Securities Inc. boosted its position in First Trust Horizon Managed Volatility Domestic ETF by 3.1% in the fourth quarter. Principal Securities Inc. now owns 13,839 shares of the company’s stock worth $517,000 after purchasing an additional 413 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in First Trust Horizon Managed Volatility Domestic ETF by 15.0% in the third quarter. J.W. Cole Advisors Inc. now owns 14,980 shares of the company’s stock worth $573,000 after purchasing an additional 1,949 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in First Trust Horizon Managed Volatility Domestic ETF in the third quarter worth about $1,011,000.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

Shares of NYSEARCA:HUSV opened at $39.67 on Friday. The stock has a market capitalization of $97.19 million, a price-to-earnings ratio of 24.38 and a beta of 0.51. The stock’s 50-day simple moving average is $38.23 and its two-hundred day simple moving average is $38.21. First Trust Horizon Managed Volatility Domestic ETF has a 52-week low of $33.89 and a 52-week high of $39.87.

First Trust Horizon Managed Volatility Domestic ETF 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.