VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Reaches New 12-Month High – What’s Next?

Shares of VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) hit a new 52-week high during trading on Monday . The stock traded as high as $99.54 and last traded at $99.7550, with a volume of 2114 shares traded. The stock had previously closed at $99.54.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

The company has a market cap of $538.43 million, a price-to-earnings ratio of 20.50 and a beta of 0.86. The stock’s fifty day simple moving average is $96.52 and its two-hundred day simple moving average is $94.58.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

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

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Western Wealth Management LLC purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 1st quarter worth about $60,000. Kestra Advisory Services LLC purchased a new position in VictoryShares US 500 Volatility Wtd ETF in the fourth quarter valued at approximately $82,000. JPMorgan Chase & Co. raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 571.9% in the second quarter. JPMorgan Chase & Co. now owns 2,130 shares of the company’s stock valued at $187,000 after buying an additional 1,813 shares during the period. Quantinno Capital Management LP acquired a new position in VictoryShares US 500 Volatility Wtd ETF during the second quarter valued at approximately $296,000. Finally, HighTower Advisors LLC lifted its position in VictoryShares US 500 Volatility Wtd ETF by 14.1% during the fourth quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock valued at $425,000 after buying an additional 577 shares in the last quarter.

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.