Gladstone Institutional Advisory LLC Sells 420 Shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Gladstone Institutional Advisory LLC trimmed its stake in shares of First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,238 shares of the company’s stock after selling 420 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in First Trust Horizon Managed Volatility Developed International ETF were worth $438,000 at the end of the most recent reporting period.

Separately, Synergy Asset Management LLC bought a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the 4th quarter worth about $81,000.

First Trust Horizon Managed Volatility Developed International ETF Stock Up 0.1 %

First Trust Horizon Managed Volatility Developed International ETF stock opened at $30.62 on Friday. First Trust Horizon Managed Volatility Developed International ETF has a twelve month low of $26.13 and a twelve month high of $32.20. The stock has a market cap of $35.21 million, a P/E ratio of 16.19 and a beta of 0.60. The company’s 50-day moving average price is $29.34 and its two-hundred day moving average price is $30.10.

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.