First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV – Get Free Report) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 105 shares, a decrease of 83.8% from the February 26th total of 647 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 862 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 862 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Hedge Funds Weigh In On First Trust Horizon Managed Volatility Developed International ETF
Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter worth approximately $83,000. Lido Advisors LLC purchased a new position in shares of First Trust Horizon Managed Volatility Developed International ETF in the 4th quarter valued at $248,000. Gladstone Institutional Advisory LLC acquired a new stake in First Trust Horizon Managed Volatility Developed International ETF during the 3rd quarter worth $278,000. Envestnet Asset Management Inc. raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,137 shares of the company’s stock worth $317,000 after acquiring an additional 1,364 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in First Trust Horizon Managed Volatility Developed International ETF in the second quarter valued at $863,000.
First Trust Horizon Managed Volatility Developed International ETF Price Performance
Shares of NYSEARCA HDMV traded down $0.22 during midday trading on Tuesday, hitting $36.03. 1,268 shares of the company’s stock were exchanged, compared to its average volume of 4,446. First Trust Horizon Managed Volatility Developed International ETF has a twelve month low of $29.93 and a twelve month high of $39.22. The company has a market cap of $16.21 million, a PE ratio of 16.77 and a beta of 0.51. The firm’s fifty day simple moving average is $37.35 and its 200-day simple moving average is $35.89.
About First Trust Horizon Managed Volatility Developed International ETF
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.
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