Principal Securities Inc. Has $434,000 Stock Position in First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV)

Principal Securities Inc. lifted its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,127 shares of the company’s stock after purchasing an additional 302 shares during the quarter. Principal Securities Inc.’s holdings in First Trust Horizon Managed Volatility Small/Mid ETF were worth $434,000 at the end of the most recent reporting period.

First Trust Horizon Managed Volatility Small/Mid ETF Price Performance

Shares of First Trust Horizon Managed Volatility Small/Mid ETF stock opened at $35.91 on Friday. The business has a 50-day simple moving average of $36.04 and a 200 day simple moving average of $36.46. First Trust Horizon Managed Volatility Small/Mid ETF has a one year low of $31.99 and a one year high of $38.99. The firm has a market capitalization of $19.75 million, a price-to-earnings ratio of 17.20 and a beta of 0.81.

First Trust Horizon Managed Volatility Small/Mid ETF Profile

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.