VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Share Price Cross Above 50 Day Moving Average – Here’s Why

Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFOGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $76.15 and traded as high as $78.48. VictoryShares US 500 Enhanced Volatility Wtd ETF shares last traded at $78.41, with a volume of 3,407 shares traded.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

The stock has a market cap of $423.41 million, a PE ratio of 20.50 and a beta of 0.71. The company has a 50 day moving average of $76.15 and a two-hundred day moving average of $74.20.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a $0.0411 dividend. The ex-dividend date was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CFO. Flagship Harbor Advisors LLC purchased a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 4th quarter worth $108,000. Key Capital Management INC acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the fourth quarter valued at about $173,000. Western Wealth Management LLC acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the third quarter valued at about $204,000. HRT Financial LP purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the fourth quarter worth about $281,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the second quarter worth about $406,000.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

(Get Free Report)

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) 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. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.

Further Reading

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