VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of VictoryShares WestEnd US Sector ETF (NASDAQ:MODL – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $48.46 and traded as high as $50.78. VictoryShares WestEnd US Sector ETF shares last traded at $50.65, with a volume of 26,600 shares trading hands.

VictoryShares WestEnd US Sector ETF Stock Up 0.1%

The company has a 50 day moving average price of $50.75 and a 200-day moving average price of $48.47. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 56.98 and a beta of 0.93.

Get VictoryShares WestEnd US Sector ETF alerts:

VictoryShares WestEnd US Sector ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were issued a dividend of $0.0221 per share. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, July 9th. VictoryShares WestEnd US Sector ETF’s payout ratio is presently 39.33%.

Hedge Funds Weigh In On VictoryShares WestEnd US Sector ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in MODL. Goldman Sachs Group Inc. acquired a new position in shares of VictoryShares WestEnd US Sector ETF during the first quarter worth $215,000. Jane Street Group LLC acquired a new stake in VictoryShares WestEnd US Sector ETF in the first quarter valued at $477,000. Raymond James Financial Inc. raised its position in VictoryShares WestEnd US Sector ETF by 0.3% during the 2nd quarter. Raymond James Financial Inc. now owns 882,830 shares of the company’s stock worth $38,050,000 after purchasing an additional 2,921 shares during the last quarter. Comerica Bank raised its position in VictoryShares WestEnd US Sector ETF by 11.2% during the 3rd quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after purchasing an additional 452 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in VictoryShares WestEnd US Sector ETF during the 3rd quarter worth $184,000. 29.49% of the stock is currently owned by institutional investors and hedge funds.

About VictoryShares WestEnd US Sector ETF

(Get 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.

Featured Articles

• Five stocks we like better than VictoryShares WestEnd US Sector ETF
• Telecom Earnings Reveal a Sector That Finally Looks Healthier
• Defense Earnings Show Readiness Now and Modernization Ahead
• Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
• MarketBeat Week in Review – 07/20- 07/24

Receive News & Ratings for VictoryShares WestEnd US Sector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares WestEnd US Sector ETF and related companies with MarketBeat.com's FREE daily email newsletter.