Royal Bank of Canada Has $825,000 Stake in First Trust Horizon Managed Volatility Domestic ETF $HUSV

Royal Bank of Canada raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 12,402.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 21,504 shares of the company’s stock after acquiring an additional 21,332 shares during the quarter. Royal Bank of Canada’s holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $825,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in HUSV. Arax Advisory Partners acquired a new position in shares of First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter valued at about $34,000. Raymond James Financial Inc. grew its position in First Trust Horizon Managed Volatility Domestic ETF by 7.0% during the second quarter. Raymond James Financial Inc. now owns 15,116 shares of the company’s stock worth $604,000 after buying an additional 991 shares in the last quarter. HighTower Advisors LLC increased its stake in First Trust Horizon Managed Volatility Domestic ETF by 14.1% during the fourth quarter. HighTower Advisors LLC now owns 9,451 shares of the company’s stock valued at $366,000 after acquiring an additional 1,169 shares during the period. Osaic Holdings Inc. lifted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 60.3% in the 2nd quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock worth $252,000 after acquiring an additional 2,370 shares during the period. Finally, Asset Allocation Strategies LLC lifted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 4.0% in the 4th quarter. Asset Allocation Strategies LLC now owns 70,135 shares of the company’s stock worth $2,714,000 after acquiring an additional 2,704 shares during the period.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

Shares of NYSEARCA:HUSV opened at $40.96 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 1-year low of $37.76 and a 1-year high of $41.86. The firm has a market capitalization of $73.73 million, a PE ratio of 24.59 and a beta of 0.58. The business’s 50 day moving average is $40.32 and its 200-day moving average is $39.62.

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.