VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) to Issue $0.03 Monthly Dividend

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a monthly dividend on Thursday, November 6th. Shareholders of record on Friday, November 7th will be given a dividend of 0.0347 per share on Monday, November 10th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, November 7th.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 0.3%

USVM traded up $0.26 during midday trading on Friday, hitting $88.52. 6,049 shares of the company were exchanged, compared to its average volume of 75,948. The company’s 50 day simple moving average is $89.87 and its 200 day simple moving average is $85.14. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 15.38 and a beta of 1.04. VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $68.07 and a 1-year high of $93.41.

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.