VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Hits New 12-Month High – Still a Buy?

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) shares hit a new 52-week high during trading on Monday . The stock traded as high as $100.43 and last traded at $100.00, with a volume of 686 shares trading hands. The stock had previously closed at $99.46.

VictoryShares US 500 Volatility Wtd ETF Trading Up 0.6%

The firm has a market capitalization of $540.30 million, a P/E ratio of 20.50 and a beta of 0.86. The business has a 50-day moving average of $97.72 and a 200 day moving average of $95.38.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a $0.1012 dividend. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

A number of institutional investors have recently modified their holdings of the company. Fifth Third Bancorp lifted its holdings in shares of 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 valued at $21,309,000 after purchasing an additional 232,765 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in VictoryShares US 500 Volatility Wtd ETF by 1,928.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock worth $10,967,000 after buying an additional 114,560 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new stake in VictoryShares US 500 Volatility Wtd ETF during the fourth quarter worth $4,681,000. NewEdge Advisors LLC purchased a new stake in VictoryShares US 500 Volatility Wtd ETF in the 3rd quarter valued at $4,674,000. Finally, Royal Bank of Canada raised its position in VictoryShares US 500 Volatility Wtd ETF by 51.6% in the 4th quarter. Royal Bank of Canada now owns 95,648 shares of the company’s stock valued at $8,705,000 after buying an additional 32,568 shares during the last quarter.

About VictoryShares US 500 Volatility Wtd ETF

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.