Golden State Wealth Management LLC Has $7.40 Million Holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Golden State Wealth Management LLC lessened its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 1.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 184,118 shares of the company’s stock after selling 2,249 shares during the quarter. First Trust Horizon Managed Volatility Domestic ETF accounts for approximately 1.1% of Golden State Wealth Management LLC’s portfolio, making the stock its 19th largest position. Golden State Wealth Management LLC owned about 0.07% of First Trust Horizon Managed Volatility Domestic ETF worth $7,400,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HUSV. Private Trust Co. NA grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 254.6% in the fourth quarter. Private Trust Co. NA now owns 812 shares of the company’s stock valued at $30,000 after purchasing an additional 583 shares during the last quarter. Breakthru Advisory Services LLC acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth approximately $257,000. Certior Financial Group LLC acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth approximately $356,000. Bank of New York Mellon Corp grew its position in First Trust Horizon Managed Volatility Domestic ETF by 13.7% during the fourth quarter. Bank of New York Mellon Corp now owns 10,856 shares of the company’s stock worth $406,000 after buying an additional 1,307 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth approximately $537,000.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

Shares of NYSEARCA:HUSV opened at $40.13 on Friday. The company has a market capitalization of $90.29 million, a P/E ratio of 24.59 and a beta of 0.67. First Trust Horizon Managed Volatility Domestic ETF has a 1 year low of $35.26 and a 1 year high of $40.57. The business’s 50 day simple moving average is $39.76 and its 200 day simple moving average is $39.05.

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.