VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Stock Price Down 0.6% – Here’s What Happened

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) traded down 0.6% during mid-day trading on Wednesday. The company traded as low as $103.25 and last traded at $103.25. 23,910 shares were traded during trading, a decline of 60% from the average session volume of 59,518 shares. The stock had previously closed at $103.92.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 1.1%

The firm has a 50-day simple moving average of $108.46 and a two-hundred day simple moving average of $105.00. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 15.38 and a beta of 0.98.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a dividend of $0.1882 per share. This is an increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.0854. This represents a $2.26 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, September 9th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Capital Square LLC acquired a new position in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,447 shares of the company’s stock, valued at approximately $266,000.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

(Get Free Report)

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.

Further Reading

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