VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Reaches New 1-Year Low – Here’s Why

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVMGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $68.07 and last traded at $75.30, with a volume of 118298 shares trading hands. The stock had previously closed at $69.28.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

The stock’s 50 day moving average is $80.06 and its 200 day moving average is $84.43. The company has a market capitalization of $754.52 million, a PE ratio of 13.81 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were given a dividend of $0.1674 per share. The ex-dividend date was Thursday, April 10th. This represents a $2.01 annualized dividend and a dividend yield of 2.76%. This is an increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.02.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA bought a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVMFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,570 shares of the company’s stock, valued at approximately $132,000.

About VictoryShares US Small Mid Cap Value Momentum ETF

(Get Free Report)

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.

Further Reading

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