VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Plans Dividend Increase – $0.30 Per Share

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a dividend on Wednesday, July 8th, NASDAQ Dividends reports. Shareholders of record on Thursday, July 9th will be given a dividend of 0.3027 per share on Friday, July 10th. The ex-dividend date of this dividend is Thursday, July 9th. This is a 73.2% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous dividend of $0.17.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

USVM stock traded up $0.88 during midday trading on Thursday, hitting $108.57. The company’s stock had a trading volume of 24,488 shares, compared to its average volume of 67,726. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $81.48 and a twelve month high of $110.35. The stock has a market capitalization of $1.74 billion, a P/E ratio of 15.38 and a beta of 0.98. The company’s fifty day moving average price is $105.32 and its 200 day moving average price is $99.73.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.