Envestnet Asset Management Inc. Takes Position in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW)

Envestnet Asset Management Inc. bought a new position in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 40,163 shares of the company’s stock, valued at approximately $1,035,000. Envestnet Asset Management Inc. owned approximately 11.16% of VictoryShares WestEnd Global Equity ETF at the end of the most recent quarter.

Separately, Truist Financial Corp bought a new position in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter worth approximately $6,319,000. Institutional investors and hedge funds own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Price Performance

Shares of GLOW stock opened at $25.86 on Friday. VictoryShares WestEnd Global Equity ETF has a one year low of $22.86 and a one year high of $27.29. The company’s fifty day moving average price is $25.41 and its 200-day moving average price is $26.08. The company has a market capitalization of $10.09 million, a price-to-earnings ratio of 20.31 and a beta of 0.79.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a dividend of $0.0492 per share. The ex-dividend date of this dividend was Thursday, April 10th. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.01.

VictoryShares WestEnd Global Equity ETF Profile

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors.