VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sets New 12-Month High – Should You Buy?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) reached a new 52-week high on Tuesday . The stock traded as high as $98.94 and last traded at $98.94, with a volume of 3505 shares trading hands. The stock had previously closed at $98.70.

VictoryShares US 500 Volatility Wtd ETF Price Performance

The company has a 50 day moving average of $96.25 and a two-hundred day moving average of $94.37. The company has a market capitalization of $548.51 million, a PE ratio of 20.50 and a beta of 0.86.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a $0.1586 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.04.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CFA. Western Wealth Management LLC purchased a new position in VictoryShares US 500 Volatility Wtd ETF during the 1st quarter valued at about $60,000. Kestra Advisory Services LLC bought a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the fourth quarter valued at approximately $82,000. JPMorgan Chase & Co. lifted its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 571.9% during 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 during the last quarter. Quantinno Capital Management LP bought a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 2nd quarter worth approximately $296,000. Finally, HighTower Advisors LLC grew its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 14.1% in the 4th quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock worth $425,000 after buying an additional 577 shares during 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.