First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its stake in First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 0.9% during the 1st quarter, Holdings Channel reports. The firm owned 142,127 shares of the company’s stock after selling 1,299 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.26% of First Trust Horizon Managed Volatility Small/Mid ETF worth $4,826,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HSMV. Envestnet Portfolio Solutions Inc. acquired a new position in First Trust Horizon Managed Volatility Small/Mid ETF during the third quarter worth about $507,000. Principal Securities Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF in the 4th quarter valued at approximately $305,000. Tower Research Capital LLC TRC raised its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 12.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 26,019 shares of the company’s stock valued at $767,000 after acquiring an additional 2,943 shares during the period. Finally, Atria Wealth Solutions Inc. raised its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 21.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 8,771 shares of the company’s stock valued at $282,000 after acquiring an additional 1,529 shares during the period.

First Trust Horizon Managed Volatility Small/Mid ETF Stock Performance

Shares of First Trust Horizon Managed Volatility Small/Mid ETF stock traded down $0.12 on Tuesday, reaching $32.97. The company had a trading volume of 471 shares, compared to its average volume of 1,143. The firm’s 50 day moving average price is $33.25 and its two-hundred day moving average price is $32.50. The firm has a market cap of $18.13 million, a PE ratio of 17.20 and a beta of 0.81. First Trust Horizon Managed Volatility Small/Mid ETF has a 52-week low of $28.02 and a 52-week high of $34.23.

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.