First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 227 shares, a decrease of 46.2% from the September 30th total of 422 shares. Based on an average daily volume of 426 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.
First Trust Horizon Managed Volatility Developed International ETF Stock Up 0.6%
Shares of NYSEARCA HDMV traded up $0.23 during trading hours on Friday, hitting $37.63. The company had a trading volume of 11 shares, compared to its average volume of 1,777. The stock has a market capitalization of $15.05 million, a P/E ratio of 16.77 and a beta of 0.45. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $34.27 and a 1-year high of $39.53. The firm’s 50 day moving average is $37.40 and its 200-day moving average is $37.58.
Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF
Large investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors grew its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 119.5% in the 1st quarter. Ascentis Independent Advisors now owns 35,619 shares of the company’s stock valued at $1,311,000 after acquiring an additional 19,392 shares during the period. Independent Financial Group LLC acquired a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 1st quarter worth about $449,000. Finally, Citadel Advisors LLC raised its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 5.3% in the 2nd quarter. Citadel Advisors LLC now owns 36,932 shares of the company’s stock valued at $1,367,000 after purchasing an additional 1,851 shares during the period.
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.
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