VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Shares Up 1.4% – Time to Buy?

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) traded up 1.4% during mid-day trading on Thursday . The company traded as high as $58.78 and last traded at $58.78. 1,192 shares were traded during trading, a decline of 83% from the average session volume of 7,005 shares. The stock had previously closed at $57.95.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

The firm has a market cap of $152.83 million, a price-to-earnings ratio of 18.64 and a beta of 0.72. The business has a fifty day moving average of $57.61 and a two-hundred day moving average of $56.19.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were given a dividend of $0.0567 per share. The ex-dividend date was Thursday, April 9th.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Several large investors have recently bought and sold shares of VSMV. Rockefeller Capital Management L.P. acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth $64,000. Global Retirement Partners LLC grew its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 8.4% in the 4th quarter. Global Retirement Partners LLC now owns 2,917 shares of the company’s stock valued at $161,000 after acquiring an additional 226 shares during the last quarter. Valley Financial Group Inc. acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter valued at about $206,000. Lindenwold Advisors INC increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 29.2% during the 3rd quarter. Lindenwold Advisors INC now owns 6,786 shares of the company’s stock valued at $364,000 after acquiring an additional 1,534 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 37.3% during the 4th quarter. Truist Financial Corp now owns 8,329 shares of the company’s stock valued at $460,000 after acquiring an additional 2,262 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.