VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Stock Price Cross Below 50 Day Moving Average – Here’s What Happened

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $64.26 and traded as low as $64.05. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $64.28, with a volume of 37,570 shares trading hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company’s 50-day moving average price is $64.22 and its 200 day moving average price is $63.61. The stock has a market capitalization of $786.29 million, a P/E ratio of -1,288.82 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a dividend of $0.0072 per share. The ex-dividend date of this dividend was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,059.43%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 413 shares of the company’s stock after acquiring an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent quarter.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.