VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Share Price Cross Above Fifty Day Moving Average – Should You Sell?

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $76.15 and traded as high as $78.48. VictoryShares US 500 Enhanced Volatility Wtd ETF shares last traded at $78.41, with a volume of 3,407 shares traded.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

The company has a market capitalization of $423.41 million, a PE ratio of 20.50 and a beta of 0.71. The company’s 50-day simple moving average is $76.15 and its 200-day simple moving average is $74.20.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were issued a dividend of $0.0411 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%.

Institutional Trading of VictoryShares US 500 Enhanced Volatility Wtd ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.0% in the 4th quarter. Cetera Investment Advisers now owns 429,810 shares of the company’s stock valued at $31,739,000 after purchasing an additional 16,513 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% during the third quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock worth $30,868,000 after purchasing an additional 18,712 shares during the period. Stifel Financial Corp grew its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.4% in the 4th quarter. Stifel Financial Corp now owns 169,304 shares of the company’s stock valued at $12,502,000 after buying an additional 699 shares during the last quarter. Wells Fargo & Company MN grew its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.7% in the 4th quarter. Wells Fargo & Company MN now owns 96,776 shares of the company’s stock valued at $7,146,000 after buying an additional 699 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 10.3% in the 4th quarter. NewEdge Advisors LLC now owns 65,220 shares of the company’s stock valued at $4,816,000 after buying an additional 6,090 shares during the period.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) 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. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.