VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Hits New 12-Month High – Still a Buy?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) reached a new 52-week high during trading on Monday . The stock traded as high as $100.43 and last traded at $100.00, with a volume of 686 shares. The stock had previously closed at $99.46.

VictoryShares US 500 Volatility Wtd ETF Stock Up 0.6%

The firm has a market cap of $540.30 million, a price-to-earnings ratio of 20.50 and a beta of 0.86. The firm has a 50 day moving average of $97.72 and a 200 day moving average of $95.38.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.1012 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 1.2%.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

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

VictoryShares US 500 Volatility Wtd ETF Company Profile

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.