VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Trading Up 1.6% – Still a Buy?

VictoryShares International Value Momentum ETF (NASDAQ:UIVM)’s share price were up 1.6% during trading on Monday . The company traded as high as $71.99 and last traded at $71.93. Approximately 7,099 shares changed hands during trading, a decline of 28% from the average daily volume of 9,888 shares. The stock had previously closed at $70.80.

VictoryShares International Value Momentum ETF Trading Up 1.6%

The company has a fifty day simple moving average of $65.89 and a 200-day simple moving average of $62.68. The company has a market capitalization of $320.09 million, a PE ratio of 11.59 and a beta of 0.73.

VictoryShares International Value Momentum ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.2635 dividend. This is an increase from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Thursday, December 11th.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

A number of institutional investors have recently bought and sold shares of the company. Financial Enhancement Group LLC boosted its holdings in VictoryShares International Value Momentum ETF by 2.1% in the 4th quarter. Financial Enhancement Group LLC now owns 22,122 shares of the company’s stock valued at $1,486,000 after purchasing an additional 464 shares during the last quarter. Bank of America Corp DE raised its position in shares of VictoryShares International Value Momentum ETF by 1,518.8% during the 2nd quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after buying an additional 486 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of VictoryShares International Value Momentum ETF by 38.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 13,604 shares of the company’s stock valued at $831,000 after buying an additional 3,797 shares during the period. Sigma Planning Corp acquired a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at approximately $288,000. Finally, IFP Advisors Inc acquired a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at approximately $379,000.

VictoryShares International Value Momentum ETF Company Profile

The VictoryShares International Value Momentum ETF (UIVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from developed economies outside of the United States. UIVM was launched on Oct 24, 2017 and is managed by VictoryShares.