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

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

The stock has a market capitalization of $432.87 million, a price-to-earnings ratio of 18.50 and a beta of 0.69. The company’s 50-day simple moving average is $71.42 and its 200-day simple moving average is $68.11.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 12.7% in the second quarter. Cetera Investment Advisers now owns 377,438 shares of the company’s stock valued at $24,254,000 after acquiring an additional 42,483 shares during the period. Stifel Financial Corp boosted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 2.7% in the 3rd quarter. Stifel Financial Corp now owns 190,895 shares of the company’s stock valued at $13,323,000 after purchasing an additional 4,959 shares during the period. Truist Financial Corp grew its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.5% during the 2nd quarter. Truist Financial Corp now owns 17,283 shares of the company’s stock worth $1,111,000 after purchasing an additional 252 shares in the last quarter. RPS Advisory Solutions LLC bought a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the second quarter worth approximately $365,000. Finally, Hibernia Wealth Partners LLC bought a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the third quarter worth approximately $238,000.

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.