VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Stock Price Up 0.6% – Still a Buy?

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL)’s share price rose 0.6% during mid-day trading on Friday . The stock traded as high as $56.12 and last traded at $56.12. Approximately 51,616 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 39,674 shares. The stock had previously closed at $55.78.

VictoryShares International Volatility Wtd ETF Price Performance

The firm has a market cap of $42.09 million, a P/E ratio of 15.96 and a beta of 0.80. The firm’s 50 day moving average is $53.73 and its 200 day moving average is $52.17.

VictoryShares International Volatility Wtd ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a $0.101 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from VictoryShares International Volatility Wtd ETF’s previous monthly dividend of $0.03.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of VictoryShares International Volatility Wtd ETF in the first quarter worth $203,000. Royal Bank of Canada boosted its stake in VictoryShares International Volatility Wtd ETF by 131.9% in the 1st quarter. Royal Bank of Canada now owns 12,373 shares of the company’s stock worth $561,000 after purchasing an additional 7,038 shares in the last quarter. Raymond James Financial Inc. grew its position in VictoryShares International Volatility Wtd ETF by 14.6% during the 3rd quarter. Raymond James Financial Inc. now owns 10,924 shares of the company’s stock valued at $564,000 after purchasing an additional 1,393 shares during the last quarter. NewEdge Advisors LLC bought a new stake in VictoryShares International Volatility Wtd ETF during the 3rd quarter valued at about $634,000. Finally, Susquehanna International Group LLP raised its holdings in VictoryShares International Volatility Wtd ETF by 70.3% in the third quarter. Susquehanna International Group LLP now owns 50,539 shares of the company’s stock worth $2,608,000 after buying an additional 20,865 shares during the last quarter.

VictoryShares International Volatility Wtd ETF Company Profile

The VictoryShares International Volatility Wtd ETF (CIL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market equities outside the US. The index screens for positive earnings and weights its securities inversely by volatility. CIL was launched on Aug 19, 2015 and is managed by VictoryShares.