VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Shares Up 2.3% – Here’s What Happened

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shares shot up 2.3% during mid-day trading on Wednesday . The stock traded as high as $94.27 and last traded at $94.2850. 6,338 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 8,676 shares. The stock had previously closed at $92.13.

VictoryShares US 500 Volatility Wtd ETF Trading Up 2.3%

The company has a 50 day moving average price of $93.78 and a 200-day moving average price of $92.06. The company has a market cap of $528.00 million, a P/E ratio of 20.50 and a beta of 0.91.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a dividend of $0.1498 per share. This is a positive change from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 1.9%.

Institutional Investors Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several hedge funds have recently modified their holdings of CFA. Rockefeller Capital Management L.P. boosted its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 1,928.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock valued at $10,967,000 after acquiring an additional 114,560 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 4th quarter valued at $4,681,000. NewEdge Advisors LLC acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter valued at $4,674,000. Royal Bank of Canada boosted its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 51.6% during the 4th quarter. Royal Bank of Canada now owns 95,648 shares of the company’s stock valued at $8,705,000 after acquiring an additional 32,568 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 3.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 240,762 shares of the company’s stock valued at $21,912,000 after acquiring an additional 8,514 shares in the last quarter.

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.