Cetera Investment Advisers Makes New Investment in VictoryShares US Value Momentum ETF $ULVM

Cetera Investment Advisers purchased a new position in shares of VictoryShares US Value Momentum ETF (NASDAQ:ULVM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 20,936 shares of the company’s stock, valued at approximately $1,783,000. Cetera Investment Advisers owned approximately 1.07% of VictoryShares US Value Momentum ETF at the end of the most recent quarter.

Separately, Manchester Financial Inc. grew its stake in VictoryShares US Value Momentum ETF by 93.6% during the 2nd quarter. Manchester Financial Inc. now owns 13,566 shares of the company’s stock worth $1,155,000 after buying an additional 6,559 shares during the last quarter.

VictoryShares US Value Momentum ETF Stock Performance

VictoryShares US Value Momentum ETF stock opened at $92.28 on Monday. The stock has a market cap of $189.16 million, a PE ratio of 17.39 and a beta of 0.92. The stock has a 50-day moving average of $89.95 and a two-hundred day moving average of $86.94. VictoryShares US Value Momentum ETF has a one year low of $69.72 and a one year high of $92.30.

VictoryShares US Value Momentum ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 10th. Investors of record on Friday, November 7th were paid a $0.0718 dividend. The ex-dividend date was Friday, November 7th. This represents a c) dividend on an annualized basis and a yield of 0.9%.

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.