VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) shares dropped 0.7% during mid-day trading on Friday . The stock traded as low as $108.84 and last traded at $108.92. Approximately 18,173 shares changed hands during trading, a decline of 71% from the average daily volume of 61,714 shares. The stock had previously closed at $109.69.
VictoryShares US Small Mid Cap Value Momentum ETF Stock Down 0.7%
The firm has a market capitalization of $1.76 billion, a P/E ratio of 15.38 and a beta of 0.99. The business’s 50 day moving average is $109.75 and its two-hundred day moving average is $103.57.
VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a $0.0854 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 0.9%.
Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF
A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake 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 worth $357,000 after purchasing an additional 3,835 shares during the period. Strive Financial Group LLC acquired a new stake in VictoryShares US Small Mid Cap Value Momentum ETF during the fourth quarter valued at $39,000. Finally, Capital Square LLC bought a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF in the 2nd quarter valued at approximately $266,000.
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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