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

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) hit a new 52-week high on Wednesday. The company traded as high as $103.15 and last traded at $103.1010, with a volume of 2,665 shares trading hands. The stock had previously closed at $101.49.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

The stock has a market cap of $546.01 million, a PE ratio of 20.50 and a beta of 0.86. The stock has a 50 day moving average of $98.95 and a two-hundred day moving average of $96.98.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were issued a $0.1015 dividend. This is a decrease from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.1606. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $1.22 dividend on an annualized basis and a yield of 1.2%.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

A number of hedge funds have recently bought and sold shares of CFA. Fifth Third Bancorp raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the 1st quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after acquiring an additional 232,765 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter worth approximately $5,022,000. BOKF NA acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter worth approximately $38,000. Mather Group LLC. acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter worth approximately $115,000. Finally, Envestnet Asset Management Inc. increased its position in shares of VictoryShares US 500 Volatility Wtd ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 20,633 shares of the company’s stock valued at $2,039,000 after purchasing an additional 460 shares during the period.

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.