VictoryShares US Value Momentum ETF (NASDAQ:ULVM) Position Reduced by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of VictoryShares US Value Momentum ETF (NASDAQ:ULVM) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,527,121 shares of the company’s stock after selling 170,894 shares during the period. Victory Capital Management Inc. owned 0.83% of VictoryShares US Value Momentum ETF worth $122,819,000 at the end of the most recent quarter.

Separately, Manchester Financial Inc. bought a new stake in VictoryShares US Value Momentum ETF during the fourth quarter worth approximately $200,000.

VictoryShares US Value Momentum ETF Price Performance

Shares of NASDAQ:ULVM opened at $82.29 on Thursday. VictoryShares US Value Momentum ETF has a 12 month low of $71.58 and a 12 month high of $87.22. The stock has a market cap of $152.24 million, a price-to-earnings ratio of 19.14 and a beta of 0.99. The stock’s 50 day moving average price is $83.01 and its 200 day moving average price is $82.21.

VictoryShares US Value Momentum ETF Increases Dividend

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

VictoryShares US Value Momentum ETF Company 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.