VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Stock Pass Above 50-Day Moving Average – Here’s What Happened

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $93.57 and traded as high as $94.69. VictoryShares US 500 Volatility Wtd ETF shares last traded at $94.13, with a volume of 6,883 shares traded.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

The stock has a market capitalization of $522.42 million, a price-to-earnings ratio of 20.50 and a beta of 0.87. The company has a 50-day moving average of $93.57 and a 200-day moving average of $92.86.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a dividend of $0.0376 per share. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, May 8th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 3.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 240,762 shares of the company’s stock valued at $21,912,000 after acquiring an additional 8,514 shares during the last quarter. Fifth Third Bancorp raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the 1st quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after acquiring an additional 232,765 shares during the last quarter. UBS Group AG raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 1.5% in the 3rd quarter. UBS Group AG now owns 170,979 shares of the company’s stock valued at $15,556,000 after acquiring an additional 2,594 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 1,928.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock valued at $10,967,000 after acquiring an additional 114,560 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 1.0% in the 4th quarter. LPL Financial LLC now owns 117,370 shares of the company’s stock valued at $10,682,000 after acquiring an additional 1,212 shares during the last quarter.

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.