VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Announces Monthly Dividend of $0.04

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a monthly dividend on Thursday, May 7th, NASDAQ Dividends reports. Shareholders of record on Friday, May 8th will be given a dividend of 0.0358 per share on Monday, May 11th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, May 8th.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

USVM traded up $0.56 during trading on Friday, reaching $103.87. 62,176 shares of the stock were exchanged, compared to its average volume of 79,268. The business’s 50 day moving average price is $97.85 and its two-hundred day moving average price is $95.01. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 15.38 and a beta of 1.01. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $78.64 and a 1 year high of $104.63.

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.