VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Announces Monthly Dividend of $0.18

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 9th will be given a dividend of 0.1824 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 9th. This is a 409.0% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.04.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of NASDAQ USVM traded up $0.66 during mid-day trading on Tuesday, hitting $105.31. 44,004 shares of the stock were exchanged, compared to its average volume of 71,640. The company has a market cap of $1.60 billion, a P/E ratio of 15.38 and a beta of 0.99. The stock’s fifty day simple moving average is $101.31 and its two-hundred day simple moving average is $97.18. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $81.22 and a twelve month high of $106.48.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.