Jane Street Group LLC Takes $324,000 Position in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Jane Street Group LLC purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) during the third quarter, HoldingsChannel reports. The fund purchased 6,671 shares of the company’s stock, valued at approximately $324,000.

Separately, Tower Wealth Partners Inc. grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.3 %

NASDAQ VSMV opened at $48.24 on Friday. The company has a market cap of $113.36 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. The company has a 50 day moving average of $49.20 and a 200-day moving average of $47.98. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.00 and a 1-year high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility 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 $0.0116 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Company 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.