Empirical Asset Management LLC Trims Holdings in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM)

Posted by Tyrone Williams on Oct 15th, 2024

Empirical Asset Management LLC reduced its stake in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Free Report) by 50.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,857 shares of the company’s stock after selling 14,368 shares during the quarter. Empirical Asset Management LLC owned approximately 0.36% of VictoryShares Emerging Markets Value Momentum ETF worth $690,000 at the end of the most recent quarter.

Separately, Virtu Financial LLC acquired a new stake in VictoryShares Emerging Markets Value Momentum ETF during the fourth quarter worth about $226,000.

VictoryShares Emerging Markets Value Momentum ETF Price Performance

Shares of UEVM stock opened at $49.32 on Tuesday. The firm’s 50-day moving average is $47.63 and its two-hundred day moving average is $47.89. VictoryShares Emerging Markets Value Momentum ETF has a 12 month low of $39.45 and a 12 month high of $51.68. The company has a market capitalization of $187.41 million, a PE ratio of 7.55 and a beta of 0.72.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a $0.0963 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Tuesday, October 8th.