Kovack Advisors Inc. Sells 725 Shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Kovack Advisors Inc. reduced its position in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,775 shares of the company’s stock after selling 725 shares during the period. Kovack Advisors Inc. owned approximately 0.32% of First Trust Horizon Managed Volatility Domestic ETF worth $291,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Asset Allocation Strategies LLC bought a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the 3rd quarter worth $202,000. HighTower Advisors LLC raised its position in First Trust Horizon Managed Volatility Domestic ETF by 23.7% in the 3rd quarter. HighTower Advisors LLC now owns 7,140 shares of the company’s stock valued at $271,000 after buying an additional 1,368 shares during the last quarter. Bank of New York Mellon Corp raised its position in First Trust Horizon Managed Volatility Domestic ETF by 13.7% in the 4th quarter. Bank of New York Mellon Corp now owns 10,856 shares of the company’s stock valued at $406,000 after buying an additional 1,307 shares during the last quarter. Principal Securities Inc. raised its position in First Trust Horizon Managed Volatility Domestic ETF by 3.1% in the 4th quarter. Principal Securities Inc. now owns 13,839 shares of the company’s stock valued at $517,000 after buying an additional 413 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in First Trust Horizon Managed Volatility Domestic ETF by 3.8% in the 4th quarter. J.W. Cole Advisors Inc. now owns 15,545 shares of the company’s stock valued at $581,000 after buying an additional 565 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Up 1.1 %

NYSEARCA HUSV opened at $40.29 on Friday. The firm has a market capitalization of $98.71 million, a P/E ratio of 24.38 and a beta of 0.51. The business has a fifty day simple moving average of $38.46 and a 200 day simple moving average of $38.33. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $33.89 and a 12 month high of $40.29.

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.