Gladstone Institutional Advisory LLC Has $438,000 Stake in First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV)

Gladstone Institutional Advisory LLC cut its stake in 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 filing with the Securities and Exchange Commission. The firm owned 15,238 shares of the company’s stock after selling 420 shares during the period. Gladstone Institutional Advisory LLC owned approximately 1.33% of First Trust Horizon Managed Volatility Developed International ETF worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

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

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

Shares of First Trust Horizon Managed Volatility Developed International ETF stock opened at $30.62 on Friday. The firm has a market cap of $35.21 million, a PE ratio of 16.19 and a beta of 0.60. The business’s 50 day simple moving average is $29.34 and its 200 day simple moving average is $30.10. First Trust Horizon Managed Volatility Developed International ETF has a 52-week low of $26.13 and a 52-week high of $32.20.

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.