Victory Capital Management Inc. Lowers Stake in VictoryShares International Value Momentum ETF $UIVM

Victory Capital Management Inc. cut its holdings in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) by 4.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,847,437 shares of the company’s stock after selling 160,000 shares during the quarter. Victory Capital Management Inc. owned about 85.50% of VictoryShares International Value Momentum ETF worth $235,001,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in UIVM. Bank of America Corp DE grew its holdings in shares of VictoryShares International Value Momentum ETF by 1,518.8% during the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after buying an additional 486 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in VictoryShares International Value Momentum ETF by 66.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,807 shares of the company’s stock worth $572,000 after acquiring an additional 3,927 shares during the period. Empirical Asset Management LLC purchased a new position in shares of VictoryShares International Value Momentum ETF in the 3rd quarter valued at approximately $893,000. Financial Enhancement Group LLC increased its holdings in shares of VictoryShares International Value Momentum ETF by 5.5% in the third quarter. Financial Enhancement Group LLC now owns 21,658 shares of the company’s stock valued at $1,322,000 after purchasing an additional 1,128 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of VictoryShares International Value Momentum ETF by 56.5% during the first quarter. Jane Street Group LLC now owns 33,813 shares of the company’s stock worth $1,729,000 after purchasing an additional 12,208 shares during the last quarter.

VictoryShares International Value Momentum ETF Price Performance

NASDAQ:UIVM opened at $70.08 on Wednesday. The firm has a market cap of $311.86 million, a price-to-earnings ratio of 11.59 and a beta of 0.73. The firm’s fifty day moving average price is $68.89 and its 200 day moving average price is $64.16. VictoryShares International Value Momentum ETF has a 1-year low of $46.35 and a 1-year high of $74.27.

VictoryShares International Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a $0.2635 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a boost from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03.

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.