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

Shares of VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shot up 2.3% 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 two-hundred day moving average price of $92.06. The stock has a market capitalization 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 firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were given a $0.1498 dividend. This is a boost 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 Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 3.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 240,762 shares of the company’s stock worth $21,912,000 after acquiring an additional 8,514 shares in the last quarter. UBS Group AG raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 1.5% in the 3rd quarter. UBS Group AG now owns 170,979 shares of the company’s stock worth $15,556,000 after acquiring an additional 2,594 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 1,928.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock worth $10,967,000 after acquiring an additional 114,560 shares in the last quarter. LPL Financial LLC raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 1.0% in the 4th quarter. LPL Financial LLC now owns 117,370 shares of the company’s stock worth $10,682,000 after acquiring an additional 1,212 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 51.6% in the 4th quarter. Royal Bank of Canada now owns 95,648 shares of the company’s stock worth $8,705,000 after acquiring an additional 32,568 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.