Atria Wealth Solutions Inc. Cuts Holdings in First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV)

Atria Wealth Solutions Inc. cut its position in shares of First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) by 6.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,165 shares of the company’s stock after selling 607 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust Horizon Managed Volatility Small/Mid ETF were worth $330,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 1.7% during the first quarter. Envestnet Asset Management Inc. now owns 183,876 shares of the company’s stock worth $6,622,000 after purchasing an additional 3,058 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 2.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 138,661 shares of the company’s stock valued at $4,994,000 after acquiring an additional 3,440 shares during the last quarter. LPL Financial LLC boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 4.8% in the first quarter. LPL Financial LLC now owns 132,863 shares of the company’s stock valued at $4,785,000 after acquiring an additional 6,136 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 3.7% in the first quarter. Bank of New York Mellon Corp now owns 9,331 shares of the company’s stock valued at $336,000 after acquiring an additional 332 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 2.3% in the fourth quarter. Cetera Investment Advisers now owns 146,750 shares of the company’s stock valued at $5,255,000 after acquiring an additional 3,356 shares during the last quarter.

First Trust Horizon Managed Volatility Small/Mid ETF Stock Down 0.6%

HSMV opened at $36.18 on Friday. The stock has a market cap of $21.71 million, a price-to-earnings ratio of 17.07 and a beta of 0.83. First Trust Horizon Managed Volatility Small/Mid ETF has a twelve month low of $32.22 and a twelve month high of $38.99. The company’s 50-day moving average price is $35.90 and its two-hundred day moving average price is $35.66.

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.