VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Plans Monthly Dividend of $0.09

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) declared a monthly dividend on Thursday, August 6th, NASDAQ Dividends reports. Stockholders of record on Friday, August 7th will be paid a dividend of 0.0854 per share on Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, August 7th.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 0.1%

Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock traded up $0.16 during trading on Friday, hitting $110.63. 45,159 shares of the company were exchanged, compared to its average volume of 64,474. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $83.56 and a fifty-two week high of $112.66. The firm has a 50 day moving average price of $108.25 and a 200 day moving average price of $102.11. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 15.38 and a beta of 0.99.

Hedge Funds 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. Strive Financial Group LLC purchased a new position in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 424 shares of the company’s stock, valued at approximately $39,000.

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.