VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Unusually-High Trading Volume – Should You Buy?

Shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw unusually-strong trading volume on Wednesday . Approximately 150,192 shares changed hands during trading, an increase of 195% from the previous session’s volume of 50,902 shares.The stock last traded at $72.70 and had previously closed at $73.72.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

The company has a fifty day simple moving average of $79.01 and a two-hundred day simple moving average of $84.12. The stock has a market capitalization of $773.64 million, a price-to-earnings ratio of 13.81 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were paid a dividend of $0.1674 per share. The ex-dividend date of this dividend was Thursday, April 10th. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.02. This represents a $2.01 annualized dividend and a yield of 2.73%.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

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

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.