VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) Trading 0.3% Higher – Here’s What Happened

VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) traded up 0.3% on Thursday . The company traded as high as $30.32 and last traded at $30.15. 146,579 shares were traded during trading, an increase of 59% from the average session volume of 92,146 shares. The stock had previously closed at $30.07.

VictoryShares Small Cap Free Cash Flow ETF Trading Down 0.6%

The firm has a market capitalization of $467.83 million, a P/E ratio of 10.93 and a beta of 1.18. The business’s 50 day simple moving average is $29.84 and its two-hundred day simple moving average is $28.90.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were given a dividend of $0.0064 per share. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, January 8th.

Institutional Trading of VictoryShares Small Cap Free Cash Flow ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter valued at approximately $227,000. Western Wealth Management LLC acquired a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at about $210,000. Foundations Investment Advisors LLC boosted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 11.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 204,182 shares of the company’s stock worth $5,352,000 after purchasing an additional 21,432 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth $1,344,000. Finally, KPP Advisory Services LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at approximately $335,000.

About VictoryShares Small Cap Free Cash Flow ETF

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.