Manchester Financial Inc. Takes Position in VictoryShares US Value Momentum ETF (NASDAQ:ULVM)

Manchester Financial Inc. acquired a new position in VictoryShares US Value Momentum ETF (NASDAQ:ULVM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,487 shares of the company’s stock, valued at approximately $200,000.

VictoryShares US Value Momentum ETF Price Performance

NASDAQ:ULVM opened at $84.57 on Friday. VictoryShares US Value Momentum ETF has a one year low of $69.47 and a one year high of $87.22. The company has a fifty day moving average price of $82.72 and a 200 day moving average price of $81.38. The stock has a market cap of $156.45 million, a P/E ratio of 15.67 and a beta of 0.99.

VictoryShares US Value Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a dividend of $0.1096 per share. This is an increase from VictoryShares US Value Momentum ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, February 7th.

VictoryShares US Value Momentum ETF Profile

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.