VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Reaches New 1-Year High – Here’s Why

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shares reached a new 52-week high on Tuesday . The company traded as high as $101.31 and last traded at $101.5190, with a volume of 826 shares changing hands. The stock had previously closed at $100.59.

VictoryShares US 500 Volatility Wtd ETF Trading Down 0.3%

The company has a market cap of $547.20 million, a price-to-earnings ratio of 20.50 and a beta of 0.85. The business has a fifty day moving average of $98.50 and a two-hundred day moving average of $95.78.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a $0.1012 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 1.2%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the fourth quarter worth approximately $4,681,000. Marble Wealth LLC acquired a new stake in VictoryShares US 500 Volatility Wtd ETF during the 4th quarter worth $475,000. Rockefeller Capital Management L.P. grew its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 1,928.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock worth $10,967,000 after buying an additional 114,560 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 3.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 240,762 shares of the company’s stock valued at $21,912,000 after buying an additional 8,514 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the first quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after buying an additional 232,765 shares during 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.