VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Stock Price Down 0.2% – Should You Sell?

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)’s stock price traded down 0.2% on Friday . The company traded as low as $52.29 and last traded at $52.34. 1,470 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 6,719 shares. The stock had previously closed at $52.43.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

The stock has a 50-day moving average of $50.34 and a two-hundred day moving average of $48.85. The company has a market cap of $117.77 million, a P/E ratio of 18.64 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 7th. Investors of record on Wednesday, August 6th were given a $0.0274 dividend. The ex-dividend date was Wednesday, August 6th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds have recently bought and sold shares of the company. Quent Capital LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the first quarter valued at approximately $107,000. Lindenwold Advisors INC lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 14.8% in the second quarter. Lindenwold Advisors INC now owns 5,252 shares of the company’s stock valued at $259,000 after purchasing an additional 676 shares during the last quarter. Cetera Investment Advisers lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the fourth quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after purchasing an additional 912 shares during the last quarter. One Degree Advisors Inc lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.9% in the second quarter. One Degree Advisors Inc now owns 12,490 shares of the company’s stock valued at $615,000 after purchasing an additional 355 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% in the fourth quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock valued at $927,000 after purchasing an additional 9,100 shares during the last quarter.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.