VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sets New 52-Week Low – Should You Sell?

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $70.28 and last traded at $71.74, with a volume of 40101 shares changing hands. The stock had previously closed at $75.41.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

The company has a 50-day moving average price of $82.13 and a 200-day moving average price of $85.02. The firm has a market capitalization of $738.00 million, a PE ratio of 13.81 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a $0.1147 dividend. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

Institutional Investors Weigh In On 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 purchased a new position in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,570 shares of the company’s stock, valued at approximately $132,000.

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.