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

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA)’s stock price reached 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 traded. The stock had previously closed at $101.49.

VictoryShares US 500 Volatility Wtd ETF Stock Up 1.5%

The firm’s fifty day simple moving average is $98.95 and its 200-day simple moving average is $96.98. The company has a market cap of $546.01 million, a PE ratio of 20.50 and a beta of 0.86.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

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

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CFA. BOKF NA acquired a new position in VictoryShares US 500 Volatility Wtd ETF in the third quarter worth about $38,000. TOP Private Wealth LLC. acquired a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the second quarter valued at $58,000. Western Wealth Management LLC acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 1st quarter worth about $60,000. Mather Group LLC. acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 3rd quarter worth about $115,000. Finally, First Bancorp Inc ME acquired a new position in VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter valued at about $123,000.

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.