VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Trading 1.2% Higher – What’s Next?

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) were up 1.2% on Wednesday . The company traded as high as $80.58 and last traded at $80.48. Approximately 53,860 shares traded hands during trading, an increase of 27% from the average daily volume of 42,376 shares. The stock had previously closed at $79.50.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

The company has a market cap of $808.82 million, a P/E ratio of 14.38 and a beta of 1.11. The stock has a 50-day moving average of $85.10 and a two-hundred day moving average of $85.53.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a $0.0307 dividend. The ex-dividend date was Friday, February 7th.

Hedge Funds Weigh In On 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 purchased a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,570 shares of the company’s stock, valued at approximately $132,000.

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.