VictoryShares International Value Momentum ETF (NASDAQ:UIVM – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 1,743 shares, a drop of 69.0% from the September 30th total of 5,616 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,518 shares, the short-interest ratio is presently 0.2 days.
Institutional Trading of VictoryShares International Value Momentum ETF
A number of institutional investors and hedge funds have recently modified their holdings of UIVM. Financial Enhancement Group LLC bought a new position in shares of VictoryShares International Value Momentum ETF in the 3rd quarter worth about $1,566,000. IFP Advisors Inc raised its stake in VictoryShares International Value Momentum ETF by 51.4% during the third quarter. IFP Advisors Inc now owns 15,097 shares of the company’s stock worth $1,123,000 after acquiring an additional 5,124 shares during the period. Envestnet Asset Management Inc. raised its stake in VictoryShares International Value Momentum ETF by 4.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,065 shares of the company’s stock worth $364,000 after acquiring an additional 206 shares during the period. Finally, World Investment Advisors raised its stake in VictoryShares International Value Momentum ETF by 10.5% during the first quarter. World Investment Advisors now owns 3,910 shares of the company’s stock worth $267,000 after acquiring an additional 370 shares during the period.
VictoryShares International Value Momentum ETF Stock Up 0.4%
NASDAQ:UIVM opened at $73.39 on Wednesday. The business’s 50 day moving average is $75.48 and its two-hundred day moving average is $72.56. VictoryShares International Value Momentum ETF has a 52 week low of $60.05 and a 52 week high of $79.27. The company has a market cap of $330.28 million, a PE ratio of 11.59 and a beta of 0.69.
VictoryShares International Value Momentum ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a dividend of $0.2794 per share. The ex-dividend date was Thursday, October 8th. This is a negative change from VictoryShares International Value Momentum ETF’s previous monthly dividend of $1.2079. This represents a $3.35 annualized dividend and a yield of 4.6%.
About VictoryShares International Value Momentum ETF
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.
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