No headlines found.
Business Wire (Mon, 14-Sep 4:10 PM ET)
The First Trust Horizon Managed Volatility Small/Mid ETFs investment objective is to seek to provide investors with capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.
First Trust Horizon Managed Volatility Small/Mid ETF trades on the ARCA stock market under the symbol HSMV.
As of October 8, 2026, HSMV stock price was flat at $35.21 with 155 million shares trading.
HSMV has a beta of 0.24, meaning it tends to be less sensitive to market movements. HSMV has a correlation of 0.07 to the broad based SPY ETF.
HSMV has a market cap of $5.28 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, HSMV traded as high as $39.82 and as low as $28.02.
HSMV has underperformed the market in the last year with a return of +2.7%, while the SPY ETF gained +16.8%. In the last 3 month period, HSMV fell short of the market, returning -6.1%, while SPY returned +3.8%. However, in the most recent 2 weeks HSMV has outperformed the stock market by returning +1.4%, while SPY returned +0.8%.
HSMV support price is $35.00 and resistance is $35.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HSMV shares will trade within this expected range on the day.
