VictoryShares US Value Momentum ETF (NASDAQ:ULVM) to Issue Dividend Increase – $0.11 Per Share

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) declared a dividend on Thursday, February 6th,NASDAQ Dividends reports. Stockholders of record on Friday, February 7th will be given a dividend of 0.1096 per share on Monday, February 10th. The ex-dividend date of this dividend is Friday, February 7th. This is a boost from VictoryShares US Value Momentum ETF’s previous dividend of $0.06.

VictoryShares US Value Momentum ETF Stock Down 0.6 %

ULVM traded down $0.48 on Friday, reaching $84.12. The company’s stock had a trading volume of 157 shares, compared to its average volume of 718. The company has a market capitalization of $155.62 million, a price-to-earnings ratio of 15.67 and a beta of 0.99. VictoryShares US Value Momentum ETF has a fifty-two week low of $69.08 and a fifty-two week high of $87.22. The stock has a 50 day moving average of $82.93 and a two-hundred day moving average of $81.15.

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.