VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) announced a dividend on Wednesday, July 8th, NASDAQ Dividends reports. Investors of record on Thursday, July 9th will be paid a dividend of 0.3027 per share on Friday, July 10th. The ex-dividend date of this dividend is Thursday, July 9th. This is a 73.2% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous dividend of $0.17.
VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 0.8%
USVM traded up $0.88 during midday trading on Thursday, reaching $108.57. The company’s stock had a trading volume of 24,488 shares, compared to its average volume of 67,726. The stock has a market cap of $1.74 billion, a P/E ratio of 15.38 and a beta of 0.98. The company has a fifty day simple moving average of $105.32 and a 200 day simple moving average of $99.73. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $81.48 and a twelve month high of $110.35.
Institutional Investors Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF
Several hedge funds and other institutional investors have recently modified their holdings of USVM. Strive Financial Group LLC bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF during the fourth quarter worth $39,000. JPMorgan Chase & Co. boosted its holdings in VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock valued at $357,000 after purchasing an additional 3,835 shares during the period. Finally, Nova Wealth Management Inc. grew its position in VictoryShares US Small Mid Cap Value Momentum ETF by 5.3% in the 4th quarter. Nova Wealth Management Inc. now owns 4,410 shares of the company’s stock worth $403,000 after purchasing an additional 222 shares during the last quarter.
VictoryShares US Small Mid Cap Value Momentum ETF Company Profile
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.
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