Golden State Wealth Management LLC Trims Stock Position in First Trust Horizon Managed Volatility Domestic ETF $HUSV

Golden State Wealth Management LLC lessened its position in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 181,443 shares of the company’s stock after selling 2,675 shares during the quarter. First Trust Horizon Managed Volatility Domestic ETF comprises approximately 0.9% of Golden State Wealth Management LLC’s portfolio, making the stock its 23rd largest position. Golden State Wealth Management LLC owned about 8.64% of First Trust Horizon Managed Volatility Domestic ETF worth $7,245,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 19.3% during the 1st quarter. LPL Financial LLC now owns 359,301 shares of the company’s stock valued at $14,440,000 after buying an additional 58,101 shares during the period. Envestnet Asset Management Inc. raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 14.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 310,647 shares of the company’s stock valued at $12,485,000 after buying an additional 38,749 shares during the period. Benjamin Edwards Inc. raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 13.9% during the 1st quarter. Benjamin Edwards Inc. now owns 32,116 shares of the company’s stock valued at $1,291,000 after buying an additional 3,930 shares during the period. Intrepid Financial Planning Group LLC raised its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 249.4% during the 1st quarter. Intrepid Financial Planning Group LLC now owns 19,045 shares of the company’s stock valued at $765,000 after buying an additional 13,595 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 1st quarter valued at approximately $565,000.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

First Trust Horizon Managed Volatility Domestic ETF stock opened at $38.29 on Thursday. First Trust Horizon Managed Volatility Domestic ETF has a fifty-two week low of $36.20 and a fifty-two week high of $40.57. The firm has a 50 day moving average price of $39.38 and a 200 day moving average price of $39.62. The company has a market capitalization of $91.90 million, a PE ratio of 24.59 and a beta of 0.65.

First Trust Horizon Managed Volatility Domestic ETF 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.