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

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $77.88 and traded as high as $80.40. VictoryShares US 500 Enhanced Volatility Wtd ETF shares last traded at $79.60, with a volume of 3,209 shares changing hands.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

The company has a 50-day moving average of $77.88 and a two-hundred day moving average of $76.41. The stock has a market capitalization of $417.90 million, a PE ratio of 20.50 and a beta of 0.63.

VictoryShares US 500 Enhanced Volatility Wtd ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a $0.1278 dividend. The ex-dividend date of this dividend was Tuesday, June 9th.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Large investors have recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% during the 3rd quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock worth $4,363,000 after purchasing an additional 39,058 shares during the period. Patriot Financial Group Insurance Agency LLC raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock valued at $3,468,000 after buying an additional 23,337 shares during the period. Raymond James Financial Inc. lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% during the third quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock valued at $30,868,000 after buying an additional 18,712 shares in the last quarter. Cetera Investment Advisers lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.0% during the fourth quarter. Cetera Investment Advisers now owns 429,810 shares of the company’s stock valued at $31,739,000 after buying an additional 16,513 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 56.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 27,844 shares of the company’s stock valued at $2,056,000 after buying an additional 10,091 shares in the last quarter.

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. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.