VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Stock Price Cross Below 50-Day Moving Average – Time to Sell?

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 traded.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.5 %

The firm has a 50 day moving average of $64.26 and a 200-day moving average of $63.56. The company has a market cap of $784.22 million, a P/E ratio of -1,285.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

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

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC raised its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.