Golden State Wealth Management LLC Decreases Stock Position in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Golden State Wealth Management LLC lessened its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 2.3% in the first quarter, Holdings Channel.com reports. The firm owned 29,329 shares of the company’s stock after selling 701 shares during the period. Golden State Wealth Management LLC’s holdings in First Trust Horizon Managed Volatility Developed International ETF were worth $941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 4.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 210,520 shares of the company’s stock valued at $6,058,000 after purchasing an additional 9,504 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 170,248 shares of the company’s stock worth $5,464,000 after buying an additional 6,228 shares in the last quarter. LPL Financial LLC lifted its position in First Trust Horizon Managed Volatility Developed International ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 165,862 shares of the company’s stock worth $4,773,000 after purchasing an additional 5,204 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 3.7% in the fourth quarter. Cetera Investment Advisers now owns 163,559 shares of the company’s stock valued at $4,706,000 after buying an additional 5,847 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in First Trust Horizon Managed Volatility Developed International ETF by 16.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 21,657 shares of the company’s stock valued at $623,000 after acquiring an additional 3,127 shares during the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

Shares of NYSEARCA:HDMV opened at $35.09 on Friday. The stock has a market capitalization of $22.81 million, a price-to-earnings ratio of 16.77 and a beta of 0.63. The company has a 50 day moving average price of $35.03 and a 200 day moving average price of $32.21. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $28.26 and a 1-year high of $35.91.

First Trust Horizon Managed Volatility Developed International ETF Profile

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility index. The fund is an actively-managed fund of low expected volatility mid and large-cap stocks from developed markets. HDMV was launched on Aug 24, 2016 and is managed by First Trust.