First Trust Exchange-Traded Fund III - First Trust Horizon Managed Volatility Domestic ETF

First Trust Exchange-Traded Fund III - First Trust Horizon Managed Volatility Domestic ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Horizon Investments, LLC. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in volatile stocks of large-cap companies. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. First Trust Exchange-Traded Fund III - First Trust Horizon Managed Volatility Domestic ETF was formed on August 24, 2016 and is domiciled in the United States.