VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $71.42 and traded as low as $68.66. VictoryShares US 500 Enhanced Volatility Wtd ETF shares last traded at $68.71, with a volume of 7,291 shares trading hands.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

The firm’s fifty day simple moving average is $71.40 and its 200 day simple moving average is $68.15. The stock has a market capitalization of $436.91 million, a price-to-earnings ratio of 18.50 and a beta of 0.69.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were given a $0.0935 dividend. The ex-dividend date was Thursday, December 12th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Truist Financial Corp boosted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.5% during the second quarter. Truist Financial Corp now owns 17,283 shares of the company’s stock worth $1,111,000 after purchasing an additional 252 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 3rd quarter worth about $42,000. Larson Financial Group LLC bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter worth about $42,000. International Assets Investment Management LLC bought a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the 2nd quarter valued at about $49,000. Finally, Lbmc Investment Advisors LLC bought a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the 3rd quarter valued at about $200,000.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) 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. The fund can move to 75% cash maximum in market downturns.