VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) Stock Price Cross Above Two Hundred Day Moving Average – Should You Sell?

VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $49.84 and traded as high as $52.35. VictoryShares WestEnd US Sector ETF shares last traded at $52.30, with a volume of 24,914 shares changing hands.

VictoryShares WestEnd US Sector ETF Price Performance

The firm has a market cap of $1.06 billion, a PE ratio of 58.76 and a beta of 0.93. The business has a fifty day moving average price of $52.17 and a two-hundred day moving average price of $49.84.

VictoryShares WestEnd US Sector ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a dividend of $0.0475 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This is a boost from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a yield of 1.1%. VictoryShares WestEnd US Sector ETF’s payout ratio is 41.57%.

Institutional Trading of VictoryShares WestEnd US Sector ETF

Several large investors have recently modified their holdings of MODL. Fifth Third Bancorp bought a new position in VictoryShares WestEnd US Sector ETF in the 1st quarter worth $208,000. Pine Valley Investments Ltd Liability Co boosted its holdings in VictoryShares WestEnd US Sector ETF by 110.9% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 13,449 shares of the company’s stock valued at $601,000 after acquiring an additional 7,073 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of VictoryShares WestEnd US Sector ETF by 86.4% in the second quarter. Concurrent Investment Advisors LLC now owns 13,788 shares of the company’s stock valued at $703,000 after purchasing an additional 6,391 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of VictoryShares WestEnd US Sector ETF by 5.3% in the first quarter. Arkadios Wealth Advisors now owns 22,611 shares of the company’s stock worth $1,010,000 after purchasing an additional 1,142 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of VictoryShares WestEnd US Sector ETF by 10.0% in the first quarter. Private Advisor Group LLC now owns 23,890 shares of the company’s stock worth $1,068,000 after purchasing an additional 2,176 shares during the period. 29.49% of the stock is owned by institutional investors.

About VictoryShares WestEnd US Sector ETF

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.