World Investment Advisors Takes Position in VictoryShares US Value Momentum ETF $ULVM

World Investment Advisors acquired a new position in VictoryShares US Value Momentum ETF (NASDAQ:ULVM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,449 shares of the company’s stock, valued at approximately $616,000. World Investment Advisors owned approximately 0.26% of VictoryShares US Value Momentum ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Manchester Financial Inc. grew its position 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 purchasing an additional 469 shares in the last quarter. Cetera Investment Advisers lifted its position in 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 buying an additional 1,860 shares in the last quarter. Bank of America Corp DE lifted its position in VictoryShares US Value Momentum ETF by 2,513.3% during the 3rd quarter. Bank of America Corp DE now owns 22,997 shares of the company’s stock worth $2,083,000 after buying an additional 22,117 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in 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 buying an additional 248,284 shares in the last quarter.

VictoryShares US Value Momentum ETF Price Performance

VictoryShares US Value Momentum ETF stock opened at $106.43 on Friday. The company has a market cap of $260.75 million, a price-to-earnings ratio of 17.39 and a beta of 0.87. The firm has a 50-day moving average of $103.97 and a 200-day moving average of $99.16. VictoryShares US Value Momentum ETF has a one year low of $84.50 and a one year high of $108.02.

VictoryShares US Value Momentum ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 9th will be given a dividend of $0.1945 per share. The ex-dividend date of this dividend is Thursday, July 9th.

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.