VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Stock Pass Above 50-Day Moving Average – Should You Sell?

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $70.51 and traded as high as $71.30. VictoryShares US 500 Enhanced Volatility Wtd ETF shares last traded at $70.48, with a volume of 9,409 shares trading hands.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Down 1.4 %

The stock has a market cap of $433.45 million, a PE ratio of 18.50 and a beta of 0.69. The firm has a fifty day moving average of $70.51 and a 200 day moving average of $69.87.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were issued a $0.0455 dividend. The ex-dividend date was Friday, February 7th.

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

Several large investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF in the fourth quarter valued at $29,249,000. Cetera Investment Advisers increased its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.4% in the fourth quarter. Cetera Investment Advisers now owns 386,409 shares of the company’s stock valued at $26,639,000 after buying an additional 5,487 shares during the last quarter. Stifel Financial Corp increased its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 2.7% in the third quarter. Stifel Financial Corp now owns 190,895 shares of the company’s stock valued at $13,323,000 after buying an additional 4,959 shares during the last quarter. Wells Fargo & Company MN boosted its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 136,215 shares of the company’s stock valued at $9,391,000 after acquiring an additional 1,759 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 115,266 shares of the company’s stock valued at $7,946,000 after acquiring an additional 1,907 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.