VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Hits New 1-Year High – Time to Buy?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) reached a new 52-week high during trading on Monday . The stock traded as high as $103.11 and last traded at $103.02, with a volume of 6962 shares. The stock had previously closed at $103.02.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

The firm’s 50 day moving average price is $99.28 and its two-hundred day moving average price is $96.19. The firm has a market cap of $554.80 million, a PE ratio of 20.50 and a beta of 0.85.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were given a $0.0516 dividend. The ex-dividend date was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. First Bancorp Inc ME purchased a new position in VictoryShares US 500 Volatility Wtd ETF during the second quarter worth about $123,000. Western Wealth Management LLC acquired a new stake in VictoryShares US 500 Volatility Wtd ETF in the 1st quarter valued at approximately $60,000. NWF Advisory Services Inc. raised its position in VictoryShares US 500 Volatility Wtd ETF by 23.8% in the first quarter. NWF Advisory Services Inc. now owns 7,659 shares of the company’s stock valued at $701,000 after purchasing an additional 1,470 shares during the period. Fifth Third Bancorp lifted its stake in VictoryShares US 500 Volatility Wtd ETF by 135,328.5% during the first quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock worth $21,309,000 after purchasing an additional 232,765 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of VictoryShares US 500 Volatility Wtd ETF by 95.9% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 9,460 shares of the company’s stock worth $865,000 after buying an additional 4,630 shares during the period.

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.