VictoryShares US Value Momentum ETF Plans Dividend of $0.19 (NASDAQ:ULVM)

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) declared a dividend on Wednesday, July 8th, NASDAQ Dividends reports. Investors of record on Thursday, July 9th will be given a dividend of 0.1945 per share on Friday, July 10th. The ex-dividend date is Thursday, July 9th.

VictoryShares US Value Momentum ETF Stock Performance

NASDAQ ULVM traded up $0.11 on Thursday, reaching $106.43. 412 shares of the stock traded hands, compared to its average volume of 2,762. VictoryShares US Value Momentum ETF has a 12 month low of $84.50 and a 12 month high of $108.02. The company has a fifty day moving average price of $103.85 and a 200-day moving average price of $99.06. The company has a market cap of $260.75 million, a price-to-earnings ratio of 17.39 and a beta of 0.87.

Institutional Investors Weigh In On VictoryShares US Value Momentum ETF

A number of large investors have recently modified their holdings of the business. World Investment Advisors purchased a new stake in shares of VictoryShares US Value Momentum ETF during the first quarter valued at $616,000. Manchester Financial Inc. grew its stake in shares of VictoryShares US Value Momentum ETF by 4.1% during the 4th quarter. Manchester Financial Inc. now owns 18,520 shares of the company’s stock worth $1,692,000 after purchasing an additional 737 shares during the period. Bank of America Corp DE grew its position in VictoryShares US Value Momentum ETF by 2,513.3% during the third quarter. Bank of America Corp DE now owns 22,997 shares of the company’s stock valued at $2,083,000 after buying an additional 22,117 shares during the period. Cetera Investment Advisers increased its stake in shares of VictoryShares US Value Momentum ETF by 8.9% in the 4th quarter. Cetera Investment Advisers now owns 22,828 shares of the company’s stock valued at $2,086,000 after purchasing an additional 1,860 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of VictoryShares US Value Momentum ETF by 15.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,857,405 shares of the company’s stock valued at $169,717,000 after buying an additional 248,284 shares in the last quarter.

About VictoryShares US Value Momentum ETF

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.