VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Plans Monthly Dividend of $0.28

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) declared a monthly dividend on Tuesday, September 8th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.2821 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Wednesday, September 9th. This is a 160.8% increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.11.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 0.4%

UEVM stock opened at $60.95 on Wednesday. The stock has a market capitalization of $255.98 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. VictoryShares Emerging Markets Value Momentum ETF has a 52-week low of $52.98 and a 52-week high of $61.77. The stock’s fifty day simple moving average is $59.55 and its 200-day simple moving average is $59.35.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Analysts LLC boosted its position in VictoryShares Emerging Markets Value Momentum ETF by 38.4% during the 2nd quarter. Capital Analysts LLC now owns 1,990 shares of the company’s stock worth $115,000 after purchasing an additional 552 shares during the period. Jane Street Group LLC purchased a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the 1st quarter valued at about $382,000. Citadel Advisors LLC acquired a new position in VictoryShares Emerging Markets Value Momentum ETF during the 3rd quarter worth approximately $720,000. OLD Mission Capital LLC lifted its position in VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the 4th quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock worth $753,000 after acquiring an additional 1,323 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in VictoryShares Emerging Markets Value Momentum ETF by 55.1% in the 2nd quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after acquiring an additional 5,891 shares during the period.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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 emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.