Empirical Asset Management LLC Has $1.49 Million Position in VictoryShares International Value Momentum ETF $UIVM

Empirical Asset Management LLC increased its position in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) by 57.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,037 shares of the company’s stock after acquiring an additional 8,423 shares during the period. Empirical Asset Management LLC’s holdings in VictoryShares International Value Momentum ETF were worth $1,487,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in VictoryShares International Value Momentum ETF by 1,518.8% in 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. Sigma Planning Corp acquired a new position in VictoryShares International Value Momentum ETF in the fourth quarter worth approximately $288,000. IFP Advisors Inc acquired a new position in VictoryShares International Value Momentum ETF in the fourth quarter worth approximately $379,000. Northwestern Mutual Wealth Management Co. increased its holdings in VictoryShares International Value Momentum ETF by 38.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 13,604 shares of the company’s stock worth $831,000 after buying an additional 3,797 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in VictoryShares International Value Momentum ETF in the third quarter worth approximately $1,057,000.

VictoryShares International Value Momentum ETF Stock Performance

NASDAQ:UIVM opened at $72.40 on Friday. The stock’s 50 day moving average price is $70.32 and its 200 day moving average price is $67.72. VictoryShares International Value Momentum ETF has a 52 week low of $55.59 and a 52 week high of $74.27. The company has a market capitalization of $325.80 million, a P/E ratio of 11.59 and a beta of 0.69.

VictoryShares International Value Momentum ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a $0.2677 dividend. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.