Royal Bank of Canada Has $825,000 Stake in First Trust Horizon Managed Volatility Domestic ETF $HUSV

Royal Bank of Canada raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 12,402.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,504 shares of the company’s stock after acquiring an additional 21,332 shares during the period. Royal Bank of Canada owned approximately 1.16% of First Trust Horizon Managed Volatility Domestic ETF worth $825,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Arax Advisory Partners bought a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the fourth quarter worth about $34,000. Smartleaf Asset Management LLC bought a new stake in First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter valued at approximately $112,000. Orion Porfolio Solutions LLC acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF in the 3rd quarter valued at approximately $200,000. Kingdom Financial Group LLC. acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter valued at approximately $220,000. Finally, Osaic Holdings Inc. grew its holdings in First Trust Horizon Managed Volatility Domestic ETF by 60.3% in the 2nd quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock valued at $252,000 after buying an additional 2,370 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of NYSEARCA HUSV opened at $40.96 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $37.76 and a 12 month high of $41.86. The company has a market cap of $73.73 million, a P/E ratio of 24.59 and a beta of 0.58. The business’s 50 day moving average is $40.32 and its two-hundred day moving average is $39.62.

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.