VictoryShares Emerging Markets Value Momentum ETF $UEVM Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its stake in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) by 2.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 3,468,796 shares of the company’s stock after selling 104,422 shares during the quarter. Victory Capital Management Inc. owned about 0.85% of VictoryShares Emerging Markets Value Momentum ETF worth $192,509,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of VictoryShares Emerging Markets Value Momentum ETF during the first quarter valued at approximately $382,000. Raymond James Financial Inc. increased its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 55.1% during the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after purchasing an additional 5,891 shares in the last quarter. Finally, Northeast Planning Associates INC. NH raised its stake in VictoryShares Emerging Markets Value Momentum ETF by 5.9% in the 2nd quarter. Northeast Planning Associates INC. NH now owns 45,642 shares of the company’s stock valued at $2,393,000 after purchasing an additional 2,532 shares during the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

Shares of UEVM stock opened at $57.77 on Wednesday. VictoryShares Emerging Markets Value Momentum ETF has a fifty-two week low of $41.47 and a fifty-two week high of $61.76. The stock’s fifty day moving average is $58.89 and its two-hundred day moving average is $56.72. The firm has a market capitalization of $236.86 million, a P/E ratio of 11.04 and a beta of 0.59.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a $0.6572 dividend. This is an increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 13.7%. The ex-dividend date of this dividend was Thursday, December 11th.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.