VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sets New 1-Year High – What’s Next?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $98.94 and last traded at $98.94, with a volume of 3505 shares trading hands. The stock had previously closed at $98.70.

VictoryShares US 500 Volatility Wtd ETF Stock Up 0.1%

The company has a market cap of $548.51 million, a P/E ratio of 20.50 and a beta of 0.86. The business has a fifty day moving average of $96.25 and a 200 day moving average of $94.37.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.1586 per share. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, June 9th. This is an increase from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.04.

Institutional Investors Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the first quarter valued at about $60,000. Kestra Advisory Services LLC bought a new stake in VictoryShares US 500 Volatility Wtd ETF during the 4th quarter valued at approximately $82,000. JPMorgan Chase & Co. boosted its position in VictoryShares US 500 Volatility Wtd ETF by 571.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,130 shares of the company’s stock valued at $187,000 after acquiring an additional 1,813 shares in the last quarter. Quantinno Capital Management LP purchased a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter worth approximately $296,000. Finally, HighTower Advisors LLC grew its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 14.1% during the 4th quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock worth $425,000 after acquiring an additional 577 shares during the period.

About VictoryShares US 500 Volatility Wtd ETF

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.