J.W. Cole Advisors Inc. Acquires New Stake in VictoryShares WestEnd US Sector ETF $MODL

J.W. Cole Advisors Inc. bought a new position in VictoryShares WestEnd US Sector ETF (NASDAQ:MODLFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 73,770 shares of the company’s stock, valued at approximately $3,506,000. J.W. Cole Advisors Inc. owned 0.57% of VictoryShares WestEnd US Sector ETF at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Allworth Financial LP acquired a new position in VictoryShares WestEnd US Sector ETF during the 3rd quarter valued at about $78,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of VictoryShares WestEnd US Sector ETF in the third quarter valued at about $184,000. Comerica Bank boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 11.2% in the third quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after buying an additional 452 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of VictoryShares WestEnd US Sector ETF in the third quarter worth about $214,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of VictoryShares WestEnd US Sector ETF in the first quarter worth about $215,000. 29.49% of the stock is currently owned by hedge funds and other institutional investors.

VictoryShares WestEnd US Sector ETF Trading Down 2.1%

Shares of MODL stock opened at $50.12 on Friday. The company has a market capitalization of $951.78 million, a P/E ratio of 56.31 and a beta of 0.94. The business’s 50 day moving average is $48.49 and its two-hundred day moving average is $47.62. VictoryShares WestEnd US Sector ETF has a 12-month low of $41.18 and a 12-month high of $51.28.

VictoryShares WestEnd US Sector ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a dividend of $0.0134 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) annualized dividend and a yield of 0.3%. VictoryShares WestEnd US Sector ETF’s dividend payout ratio (DPR) is 38.20%.

VictoryShares WestEnd US Sector ETF Profile

(Free Report)

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.

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Institutional Ownership by Quarter for VictoryShares WestEnd US Sector ETF (NASDAQ:MODL)

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