VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Trading 0.6% Higher – Here’s Why

Shares of VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) traded up 0.6% during trading on Friday . The stock traded as high as $56.12 and last traded at $56.12. 51,616 shares changed hands during trading, an increase of 30% from the average session volume of 39,674 shares. The stock had previously closed at $55.78.

VictoryShares International Volatility Wtd ETF Stock Performance

The stock’s 50 day moving average price is $53.73 and its 200-day moving average price is $52.19. The company has a market cap of $42.09 million, a PE ratio of 15.96 and a beta of 0.80.

VictoryShares International Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were issued a $0.101 dividend. This is an increase from VictoryShares International Volatility Wtd ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Thursday, December 11th.

Hedge Funds Weigh In On VictoryShares International Volatility Wtd ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in shares of VictoryShares International Volatility Wtd ETF by 131.9% during the first quarter. Royal Bank of Canada now owns 12,373 shares of the company’s stock valued at $561,000 after purchasing an additional 7,038 shares during the period. Jane Street Group LLC purchased a new stake in VictoryShares International Volatility Wtd ETF during the 1st quarter valued at $203,000. Raymond James Financial Inc. grew its holdings in VictoryShares International Volatility Wtd ETF by 14.6% in the 3rd quarter. Raymond James Financial Inc. now owns 10,924 shares of the company’s stock worth $564,000 after acquiring an additional 1,393 shares during the last quarter. Susquehanna International Group LLP grew its holdings in VictoryShares International Volatility Wtd ETF by 70.3% in the 3rd quarter. Susquehanna International Group LLP now owns 50,539 shares of the company’s stock worth $2,608,000 after acquiring an additional 20,865 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of VictoryShares International Volatility Wtd ETF in the third quarter valued at about $634,000.

About VictoryShares International Volatility Wtd ETF

The VictoryShares International Volatility Wtd ETF (CIL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market equities outside the US. The index screens for positive earnings and weights its securities inversely by volatility. CIL was launched on Aug 19, 2015 and is managed by VictoryShares.