VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 809 shares, a drop of 72.2% from the June 15th total of 2,906 shares. Based on an average trading volume of 4,377 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF
Institutional investors have recently made changes to their positions in the stock. Dakota Wealth Management bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at about $572,000. Great Valley Advisor Group Inc. boosted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 46.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 864,751 shares of the company’s stock worth $47,792,000 after buying an additional 274,980 shares during the last quarter. Lindenwold Advisors INC boosted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 29.2% during the third quarter. Lindenwold Advisors INC now owns 6,786 shares of the company’s stock worth $364,000 after buying an additional 1,534 shares during the last quarter. Royal Bank of Canada boosted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 99,816 shares of the company’s stock worth $4,834,000 after buying an additional 503 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 1.6% during the 2nd quarter. Raymond James Financial Inc. now owns 52,626 shares of the company’s stock worth $2,594,000 after buying an additional 822 shares during the period.
VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance
VSMV traded up $0.24 during trading on Friday, reaching $59.89. 4,878 shares of the company’s stock were exchanged, compared to its average volume of 5,958. The company’s fifty day moving average price is $59.69 and its 200-day moving average price is $58.11. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $48.71 and a fifty-two week high of $60.91. The firm has a market capitalization of $155.71 million, a PE ratio of 18.64 and a beta of 0.69.
VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend
About VictoryShares US Multi-Factor Minimum Volatility ETF
The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.
See Also
- Five stocks we like better than VictoryShares US Multi-Factor Minimum Volatility ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for VictoryShares US Multi-Factor Minimum Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares US Multi-Factor Minimum Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.
