VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Declares $0.09 Monthly Dividend

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) declared a monthly dividend on Thursday, August 6th, NASDAQ Dividends reports. Investors of record on Friday, August 7th will be given a dividend of 0.0854 per share on Monday, August 10th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 7th.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

USVM stock traded up $0.16 during midday trading on Friday, hitting $110.63. 45,159 shares of the stock were exchanged, compared to its average volume of 64,474. The stock’s 50-day moving average price is $108.25 and its 200-day moving average price is $102.11. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 15.38 and a beta of 0.99. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $83.56 and a fifty-two week high of $112.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in VictoryShares US Small Mid Cap Value Momentum ETF stock. Strive Financial Group LLC purchased a new position in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 424 shares of the company’s stock, valued at approximately $39,000.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.