World Investment Advisors Buys New Shares in VictoryShares US Value Momentum ETF $ULVM

World Investment Advisors bought a new position in shares of VictoryShares US Value Momentum ETF (NASDAQ:ULVM) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 6,449 shares of the company’s stock, valued at approximately $616,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Manchester Financial Inc. lifted its stake in VictoryShares US Value Momentum ETF by 2.5% in the first quarter. Manchester Financial Inc. now owns 18,989 shares of the company’s stock valued at $1,813,000 after acquiring an additional 469 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of VictoryShares US Value Momentum ETF by 8.9% during the 4th quarter. Cetera Investment Advisers now owns 22,828 shares of the company’s stock worth $2,086,000 after purchasing an additional 1,860 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of VictoryShares US Value Momentum ETF by 15.4% during the 4th quarter. Victory Capital Management Inc. now owns 1,857,405 shares of the company’s stock worth $169,717,000 after purchasing an additional 248,284 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of 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 purchasing an additional 22,117 shares during the period.

VictoryShares US Value Momentum ETF Stock Performance

Shares of NASDAQ:ULVM opened at $106.43 on Friday. VictoryShares US Value Momentum ETF has a 52-week low of $84.50 and a 52-week high of $108.02. The company has a market capitalization of $260.75 million, a P/E ratio of 17.39 and a beta of 0.87. The company has a 50-day simple moving average of $103.97 and a 200 day simple moving average of $99.16.

VictoryShares US Value Momentum ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 9th will be given a $0.1945 dividend. The ex-dividend date of this dividend is Thursday, July 9th.

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.