VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Shares Up 0.8% – What’s Next?

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) rose 0.8% during trading on Monday . The stock traded as high as $56.00 and last traded at $55.93. Approximately 8,389 shares were traded during trading, an increase of 28% from the average daily volume of 6,544 shares. The stock had previously closed at $55.48.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

The stock has a market cap of $162.20 million, a PE ratio of 18.64 and a beta of 0.74. The stock’s fifty day moving average is $54.63 and its 200-day moving average is $52.53.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a $0.1435 dividend. This is a positive change from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 3.1%.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Institutional investors have recently made changes to their positions in the company. Valley Financial Group Inc. purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter worth approximately $206,000. Lindenwold Advisors INC raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 14.8% in the second quarter. Lindenwold Advisors INC now owns 5,252 shares of the company’s stock valued at $259,000 after purchasing an additional 676 shares during the period. One Degree Advisors Inc lifted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.9% in the 2nd quarter. One Degree Advisors Inc now owns 12,490 shares of the company’s stock valued at $615,000 after purchasing an additional 355 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 7.1% during the 3rd quarter. Two Sigma Investments LP now owns 12,100 shares of the company’s stock worth $649,000 after purchasing an additional 800 shares during the period. Finally, Citadel Advisors LLC grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 8.9% during the 3rd quarter. Citadel Advisors LLC now owns 29,398 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,410 shares during the period.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.