VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sets New 1-Year High – Here’s Why

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) reached a new 52-week high on Wednesday. The stock traded as high as $103.15 and last traded at $103.1010, with a volume of 2,665 shares changing hands. The stock had previously closed at $101.49.

VictoryShares US 500 Volatility Wtd ETF Stock Down 0.4%

The company’s 50 day moving average is $98.95 and its two-hundred day moving average is $97.05. The company has a market capitalization of $530.21 million, a PE ratio of 20.50 and a beta of 0.85.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, November 6th will be given a dividend of $0.0482 per share. This is a drop from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.1015. This represents a $0.58 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, November 6th.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

A number of large investors have recently modified their holdings of CFA. Fifth Third Bancorp grew its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the 1st quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after purchasing an additional 232,765 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of VictoryShares US 500 Volatility Wtd ETF in the 3rd quarter worth $5,022,000. Money Concepts Capital Corp purchased a new stake in VictoryShares US 500 Volatility Wtd ETF during the third quarter worth approximately $875,000. Waverly Advisors LLC acquired a new position in VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter worth approximately $429,000. Finally, NWF Advisory Services Inc. grew its holdings in VictoryShares US 500 Volatility Wtd ETF by 23.8% during the 1st 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 in the last quarter.

VictoryShares US 500 Volatility Wtd ETF Company Profile

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.