VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Reaches New 12-Month Low – What’s Next?

Shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) reached a new 52-week low on Friday . The company traded as low as $70.28 and last traded at $71.74, with a volume of 40101 shares trading hands. The stock had previously closed at $75.41.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Down 5.0 %

The stock has a 50 day moving average of $82.13 and a 200-day moving average of $85.02. The company has a market capitalization of $738.00 million, a P/E ratio of 13.81 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

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

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 shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 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.