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

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $102.43 and last traded at $102.3410, with a volume of 1596 shares. The stock had previously closed at $101.94.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

The stock has a market capitalization of $552.66 million, a price-to-earnings ratio of 20.50 and a beta of 0.85. The business has a 50-day moving average of $98.82 and a 200-day moving average of $95.95.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were issued a $0.0516 dividend. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, August 7th.

Institutional Investors Weigh In On VictoryShares US 500 Volatility Wtd ETF

A number of hedge funds have recently added to or reduced their stakes in CFA. Western Wealth Management LLC acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the first quarter valued at $60,000. Kestra Advisory Services LLC purchased a new stake in VictoryShares US 500 Volatility Wtd ETF during the fourth quarter worth approximately $82,000. JPMorgan Chase & Co. boosted its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 571.9% in the 2nd 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 in the last quarter. Quantinno Capital Management LP purchased a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the second quarter worth about $296,000. Finally, HighTower Advisors LLC grew its stake in VictoryShares US 500 Volatility Wtd ETF by 14.1% during 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.