Manchester Financial Inc. Invests $200,000 in VictoryShares US Value Momentum ETF (NASDAQ:ULVM)

Manchester Financial Inc. bought a new stake in shares of VictoryShares US Value Momentum ETF (NASDAQ:ULVM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,487 shares of the company’s stock, valued at approximately $200,000. Manchester Financial Inc. owned approximately 0.13% of VictoryShares US Value Momentum ETF as of its most recent SEC filing.

VictoryShares US Value Momentum ETF Stock Performance

Shares of NASDAQ:ULVM opened at $84.57 on Friday. The stock has a market capitalization of $156.45 million, a price-to-earnings ratio of 15.67 and a beta of 0.99. VictoryShares US Value Momentum ETF has a 1-year low of $69.47 and a 1-year high of $87.22. The company has a 50 day moving average price of $82.72 and a 200 day moving average price of $81.38.

VictoryShares US Value Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a dividend of $0.1096 per share. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares US Value Momentum ETF’s previous dividend of $0.06.

About VictoryShares US Value Momentum ETF

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.