Family Capital Management Inc. Sells 1,563 Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)

Family Capital Management Inc. lowered its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,647 shares of the company’s stock after selling 1,563 shares during the quarter. VictoryShares US 500 Enhanced Volatility Wtd ETF comprises approximately 1.0% of Family Capital Management Inc.’s investment portfolio, making the stock its 21st biggest holding. Family Capital Management Inc. owned 0.29% of VictoryShares US 500 Enhanced Volatility Wtd ETF worth $1,374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CFO. UBS Group AG lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.5% during the 1st quarter. UBS Group AG now owns 137,723 shares of the company’s stock worth $10,198,000 after buying an additional 2,001 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter worth about $1,713,000. Royal Bank of Canada lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 30.4% during the 1st quarter. Royal Bank of Canada now owns 601,566 shares of the company’s stock worth $44,546,000 after buying an additional 140,188 shares in the last quarter. Citadel Advisors LLC lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 309.6% during the 2nd quarter. Citadel Advisors LLC now owns 31,619 shares of the company’s stock worth $2,032,000 after buying an additional 23,900 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 5.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,575 shares of the company’s stock worth $1,833,000 after buying an additional 1,434 shares in the last quarter.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

NASDAQ:CFO traded down $0.05 on Thursday, hitting $62.28. 13,050 shares of the company’s stock were exchanged, compared to its average volume of 26,054. The firm has a 50-day moving average price of $63.86 and a 200-day moving average price of $60.74. The company has a market cap of $439.07 million, a P/E ratio of 17.74 and a beta of 0.69. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52 week low of $55.78 and a 52 week high of $66.19.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were issued a $0.0629 dividend. The ex-dividend date was Thursday, April 11th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.21%.

VictoryShares US 500 Enhanced Volatility Wtd ETF Profile

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.