VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Hits New 1-Year High – What’s Next?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $97.46 and last traded at $97.34, with a volume of 209 shares trading hands. The stock had previously closed at $95.92.

VictoryShares US 500 Volatility Wtd ETF Stock Up 0.4%

The stock has a market cap of $541.40 million, a P/E ratio of 20.50 and a beta of 0.86. The company’s 50 day moving average price is $95.19 and its 200-day moving average price is $93.76.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.1586 per share. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a boost from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.04.

Institutional Investors Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the first quarter worth about $60,000. Kestra Advisory Services LLC acquired a new stake in VictoryShares US 500 Volatility Wtd ETF during the 4th quarter valued at approximately $82,000. 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 valued at $187,000 after purchasing an additional 1,813 shares during the period. Calton & Associates Inc. bought a new position in VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter worth approximately $206,000. Finally, Quantinno Capital Management LP bought a new position in VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter worth approximately $296,000.

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.