VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Reaches New 1-Year High – Still a Buy?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shares hit a new 52-week high on Tuesday . The stock traded as high as $98.94 and last traded at $98.94, with a volume of 3505 shares changing hands. The stock had previously closed at $98.70.

VictoryShares US 500 Volatility Wtd ETF Stock Up 0.3%

The stock’s fifty day moving average price is $96.36 and its two-hundred day moving average price is $94.47. The company has a market capitalization of $550.23 million, a PE ratio of 20.50 and a beta of 0.86.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a $0.1586 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.04.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp lifted its stake in VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the first quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock worth $21,309,000 after acquiring an additional 232,765 shares during the period. Rockefeller Capital Management L.P. raised its holdings in VictoryShares US 500 Volatility Wtd ETF by 1,928.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock worth $10,967,000 after purchasing an additional 114,560 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 4th quarter worth about $4,681,000. NewEdge Advisors LLC purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 3rd quarter worth about $4,674,000. Finally, Royal Bank of Canada boosted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 51.6% during the 4th quarter. Royal Bank of Canada now owns 95,648 shares of the company’s stock valued at $8,705,000 after purchasing an additional 32,568 shares in the last quarter.

VictoryShares US 500 Volatility Wtd ETF Company Profile

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.