Truist Financial Corp Decreases Position in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Truist Financial Corp lowered its stake in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 25.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,144 shares of the company’s stock after selling 2,404 shares during the quarter. Truist Financial Corp owned 0.62% of First Trust Horizon Managed Volatility Developed International ETF worth $203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Envestnet Portfolio Solutions Inc. grew its holdings in First Trust Horizon Managed Volatility Developed International ETF by 2.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,067 shares of the company’s stock worth $627,000 after acquiring an additional 567 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in First Trust Horizon Managed Volatility Developed International ETF by 5.9% in the first quarter. Avantax Advisory Services Inc. now owns 28,259 shares of the company’s stock valued at $827,000 after buying an additional 1,565 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in First Trust Horizon Managed Volatility Developed International ETF by 24.4% in the second quarter. Bank of New York Mellon Corp now owns 8,628 shares of the company’s stock valued at $245,000 after buying an additional 1,695 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 1.8% in the second quarter. Envestnet Asset Management Inc. now owns 204,296 shares of the company’s stock valued at $5,801,000 after buying an additional 3,645 shares in the last quarter. Finally, Cetera Advisors LLC raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 30.8% in the first quarter. Cetera Advisors LLC now owns 24,291 shares of the company’s stock valued at $711,000 after buying an additional 5,718 shares in the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

NYSEARCA:HDMV opened at $31.02 on Friday. First Trust Horizon Managed Volatility Developed International ETF has a 1 year low of $25.93 and a 1 year high of $32.20. The stock has a market cap of $35.67 million, a P/E ratio of 16.19 and a beta of 0.60. The stock has a 50-day simple moving average of $31.12 and a 200-day simple moving average of $29.74.

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.