LexAurum Advisors LLC Has $555,000 Stake in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

LexAurum Advisors LLC reduced its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 5.9% in the 4th quarter, Holdings Channel reports. The firm owned 11,554 shares of the company’s stock after selling 724 shares during the quarter. LexAurum Advisors LLC’s holdings in VictoryShares US Multi-Factor Minimum Volatility ETF were worth $555,000 at the end of the most recent quarter.

Separately, Lindenwold Advisors INC raised its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $49.14 on Friday. The stock’s 50 day moving average is $49.10 and its 200 day moving average is $48.18. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $42.72 and a one year high of $50.71. The firm has a market cap of $113.02 million, a P/E ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a $0.0116 dividend. The ex-dividend date was Wednesday, January 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Profile

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.