Susquehanna International Group LLP Cuts Stock Holdings in VictoryShares US Value Momentum ETF (NASDAQ:ULVM)

Susquehanna International Group LLP cut its holdings in shares of VictoryShares US Value Momentum ETF (NASDAQ:ULVM) by 53.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,817 shares of the company’s stock after selling 23,993 shares during the period. Susquehanna International Group LLP owned 1.13% of VictoryShares US Value Momentum ETF worth $1,674,000 as of its most recent SEC filing.

Separately, LPL Financial LLC raised its stake in shares of VictoryShares US Value Momentum ETF by 28.7% during the 4th quarter. LPL Financial LLC now owns 5,369 shares of the company’s stock worth $432,000 after acquiring an additional 1,196 shares in the last quarter.

VictoryShares US Value Momentum ETF Stock Down 0.0%

NASDAQ:ULVM opened at $79.82 on Monday. The stock has a market capitalization of $155.65 million, a price-to-earnings ratio of 17.70 and a beta of 0.99. VictoryShares US Value Momentum ETF has a 52 week low of $69.72 and a 52 week high of $87.22. The firm has a 50 day moving average of $77.91 and a 200 day moving average of $81.51.

VictoryShares US Value Momentum ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, May 8th were given a $0.0424 dividend. The ex-dividend date was Thursday, May 8th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 0.64%.

VictoryShares US Value Momentum ETF Company Profile

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.