Certior Financial Group LLC Purchases New Shares in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Certior Financial Group LLC acquired a new position in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) during the fourth quarter, HoldingsChannel reports. The fund acquired 8,758 shares of the company’s stock, valued at approximately $252,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HDMV. Synergy Asset Management LLC bought a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the fourth quarter valued at approximately $81,000. Truist Financial Corp increased its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 6.2% in the 4th quarter. Truist Financial Corp now owns 7,532 shares of the company’s stock valued at $217,000 after buying an additional 442 shares during the period. Bank of New York Mellon Corp raised its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 16.8% during the fourth quarter. Bank of New York Mellon Corp now owns 10,866 shares of the company’s stock worth $313,000 after acquiring an additional 1,561 shares during the last quarter. Atria Wealth Solutions Inc. lifted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 28.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 11,418 shares of the company’s stock valued at $329,000 after acquiring an additional 2,523 shares during the period. Finally, Principal Securities Inc. lifted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 13,999 shares of the company’s stock valued at $403,000 after acquiring an additional 636 shares during the period.

First Trust Horizon Managed Volatility Developed International ETF Stock Down 4.6 %

Shares of HDMV stock opened at $31.25 on Monday. The firm has a market cap of $31.25 million, a price-to-earnings ratio of 16.82 and a beta of 0.65. First Trust Horizon Managed Volatility Developed International ETF has a 12 month low of $26.13 and a 12 month high of $33.11. The stock has a 50-day moving average price of $31.16 and a 200 day moving average price of $30.36.

First Trust Horizon Managed Volatility Developed International ETF Company 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.