VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Stock Price Up 0.4% – Still a Buy?

Shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) were up 0.4% on Wednesday . The company traded as high as $82.85 and last traded at $82.30. Approximately 39,626 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 57,401 shares. The stock had previously closed at $81.98.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 0.4%

The company has a market cap of $897.07 million, a price-to-earnings ratio of 14.86 and a beta of 1.11. The stock’s 50-day moving average is $78.97 and its 200-day moving average is $81.92.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 10th. Shareholders of record on Monday, June 9th were issued a $0.1146 dividend. The ex-dividend date was Monday, June 9th.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently raised its position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA grew its stake in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) by 40.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,199 shares of the company’s stock after purchasing an additional 629 shares during the quarter. Comprehensive Financial Planning Inc. PA’s holdings in VictoryShares US Small Mid Cap Value Momentum ETF were worth $183,000 at the end of the most recent reporting period.

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.