VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sets New 1-Year High – What’s Next?

Posted by Micah Haroldson on Nov 21st, 2024

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $36.37 and last traded at $36.37, with a volume of 129727 shares changing hands. The stock had previously closed at $35.85.

VictoryShares Free Cash Flow ETF Trading Up 1.3 %

The stock has a market capitalization of $1.21 billion, a P/E ratio of 13.10 and a beta of 0.75. The business has a fifty day simple moving average of $33.82 and a 200 day simple moving average of $32.36.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a dividend of $0.0053 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.17%. The ex-dividend date was Thursday, November 7th.

Institutional Trading of VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at $1,367,000. RVW Wealth LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $1,014,000. Transform Wealth LLC bought a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at approximately $3,871,000. Wealth Enhancement Advisory Services LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $2,007,000. Finally, Great Valley Advisor Group Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $15,449,000.

About VictoryShares Free Cash Flow ETF

(Get Free Report)

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.