VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Unusually-High Trading Volume – Here’s Why

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) shares saw strong trading volume on Monday . 51,184 shares were traded during trading, an increase of 16% from the previous session’s volume of 43,953 shares.The stock last traded at $78.84 and had previously closed at $76.56.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Down 0.5 %

The stock’s 50-day moving average price is $84.01 and its 200 day moving average price is $85.28. The firm has a market cap of $793.55 million, a price-to-earnings ratio of 13.73 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a $0.1147 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous dividend of $0.03.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA bought a new stake in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,570 shares of the company’s stock, valued at approximately $132,000.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.