VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Hits New 52-Week High – Time to Buy?

Shares of VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) reached a new 52-week high during trading on Tuesday . The company traded as high as $102.43 and last traded at $102.3410, with a volume of 1596 shares traded. The stock had previously closed at $101.94.

VictoryShares US 500 Volatility Wtd ETF Price Performance

The firm has a market capitalization of $553.18 million, a P/E ratio of 20.50 and a beta of 0.85. The firm’s fifty day moving average price is $99.04 and its 200-day moving average price is $96.07.

VictoryShares US 500 Volatility Wtd 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 given a dividend of $0.0516 per share. The ex-dividend date was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 0.6%.

Institutional Trading of VictoryShares US 500 Volatility Wtd ETF

A number of hedge funds have recently bought and sold shares of CFA. Patriot Financial Group Insurance Agency LLC increased its position in VictoryShares US 500 Volatility Wtd ETF by 3.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 4,830 shares of the company’s stock worth $440,000 after buying an additional 155 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 2.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 19,193 shares of the company’s stock worth $1,747,000 after acquiring an additional 412 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 14.1% in the fourth quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock worth $425,000 after acquiring an additional 577 shares during the last quarter. Western Wealth Management LLC bought a new position in VictoryShares US 500 Volatility Wtd ETF during the first quarter worth $60,000. Finally, Kestra Advisory Services LLC acquired a new stake in VictoryShares US 500 Volatility Wtd ETF in the 4th quarter worth $82,000.

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.