VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Unusually-High Trading Volume – Here’s Why

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw unusually-high trading volume on Monday . Approximately 51,184 shares changed hands during mid-day trading, an increase of 16% from the previous session’s volume of 43,953 shares.The stock last traded at $78.84 and had previously closed at $76.56.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

The business has a 50 day moving average of $84.01 and a 200 day moving average of $85.28. The company has a market cap of $793.55 million, a PE ratio of 13.73 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a $0.1147 dividend. This is a positive change from VictoryShares US Small Mid Cap Value Momentum ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA acquired a new position in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,570 shares of the company’s stock, valued at approximately $132,000.

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.