VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sees Strong Trading Volume – Here’s What Happened

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFAGet Free Report) saw an uptick in trading volume on Friday . 27,637 shares changed hands during trading, an increase of 297% from the previous session’s volume of 6,967 shares.The stock last traded at $101.31 and had previously closed at $101.70.

VictoryShares US 500 Volatility Wtd ETF Stock Down 0.4%

The company has a fifty day moving average of $100.12 and a two-hundred day moving average of $96.68. The stock has a market capitalization of $547.07 million, a price-to-earnings ratio of 20.50 and a beta of 0.85.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were given a dividend of $0.0516 per share. The ex-dividend date was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. TOP Private Wealth LLC. acquired a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the second quarter worth about $58,000. Western Wealth Management LLC acquired a new stake in VictoryShares US 500 Volatility Wtd ETF in the first quarter valued at about $60,000. Kestra Advisory Services LLC purchased a new stake in VictoryShares US 500 Volatility Wtd ETF in the 4th quarter valued at approximately $82,000. First Bancorp Inc ME acquired a new position in VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter worth approximately $123,000. Finally, JPMorgan Chase & Co. increased 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 worth $187,000 after purchasing an additional 1,813 shares during the period.

VictoryShares US 500 Volatility Wtd ETF Company Profile

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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.

Further Reading

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