Sykon Capital LLC Buys New Shares in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Sykon Capital LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) in the fourth quarter, HoldingsChannel reports. The fund bought 263,772 shares of the company’s stock, valued at approximately $11,097,000. VictoryShares US Multi-Factor Minimum Volatility ETF accounts for 4.4% of Sykon Capital LLC’s portfolio, making the stock its 4th biggest position. Sykon Capital LLC owned about 0.09% of VictoryShares US Multi-Factor Minimum Volatility ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VSMV. Great Valley Advisor Group Inc. purchased a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at approximately $7,465,000. Raymond James Financial Services Advisors Inc. purchased a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at approximately $1,378,000. Tower Wealth Partners Inc. grew its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.3% in the third quarter. Tower Wealth Partners Inc. now owns 393,870 shares of the company’s stock valued at $15,483,000 after purchasing an additional 1,226 shares during the period. Finally, Atria Wealth Solutions Inc. grew its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 6.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 8,692 shares of the company’s stock valued at $366,000 after purchasing an additional 495 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VictoryShares US Multi-Factor Minimum Volatility ETF stock traded up $0.36 during trading on Friday, reaching $43.67. The company had a trading volume of 854 shares, compared to its average volume of 11,313. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $38.44 and a 12-month high of $45.31. The stock’s 50 day moving average price is $44.14 and its two-hundred day moving average price is $42.57. The firm has a market capitalization of $133.19 million, a price-to-earnings ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were given a dividend of $0.056 per share. The ex-dividend date was Thursday, April 11th. This represents a $0.67 dividend on an annualized basis and a yield of 1.54%.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.