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

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 Up 0.1%

ULVM stock traded up $0.11 during trading on Thursday, hitting $106.43. The company had a trading volume of 412 shares, compared to its average volume of 2,762. The firm has a market cap of $260.75 million, a PE ratio of 17.39 and a beta of 0.87. VictoryShares US Value Momentum ETF has a 1-year low of $84.50 and a 1-year high of $108.02. The firm has a 50-day moving average price of $103.85 and a 200-day moving average price of $99.06.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ULVM. World Investment Advisors purchased a new stake in shares of VictoryShares US Value Momentum ETF during the first quarter worth approximately $616,000. Manchester Financial Inc. lifted its holdings in shares of VictoryShares US Value Momentum ETF by 4.1% during the fourth 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. Cetera Investment Advisers grew its position in 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 buying an additional 1,860 shares during the last quarter. Bank of America Corp DE grew its position in VictoryShares US Value Momentum ETF by 2,513.3% in the 3rd 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 last quarter. Finally, Victory Capital Management Inc. increased its stake in VictoryShares US Value Momentum ETF by 15.4% in the 4th 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 during the period.

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.