First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV – Get Free Report) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 871 shares, a decline of 59.1% from the July 30th total of 2,128 shares. Based on an average trading volume of 8,786 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.
First Trust Horizon Managed Volatility Small/Mid ETF Stock Performance
Shares of HSMV opened at $38.69 on Friday. The stock has a market cap of $34.82 million, a PE ratio of 17.07 and a beta of 0.73. First Trust Horizon Managed Volatility Small/Mid ETF has a fifty-two week low of $35.00 and a fifty-two week high of $39.82. The firm’s 50-day simple moving average is $38.84 and its two-hundred day simple moving average is $37.85.
Institutional Trading of First Trust Horizon Managed Volatility Small/Mid ETF
Hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 226.3% in the 2nd quarter. Osaic Holdings Inc. now owns 5,224 shares of the company’s stock worth $187,000 after buying an additional 3,623 shares during the last quarter. Two Sigma Investments LP purchased a new position in First Trust Horizon Managed Volatility Small/Mid ETF during the third quarter valued at $263,000. Principal Securities Inc. raised its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 10.1% during the fourth quarter. Principal Securities Inc. now owns 15,488 shares of the company’s stock valued at $552,000 after buying an additional 1,419 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 595.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 37,863 shares of the company’s stock worth $1,350,000 after acquiring an additional 32,418 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 143,413 shares of the company’s stock worth $5,187,000 after acquiring an additional 6,290 shares in the last quarter.
First Trust Horizon Managed Volatility Small/Mid ETF Company Profile
The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.
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