Teamwork Financial Advisors LLC Makes New $19.89 Million Investment in VictoryShares Small Cap Free Cash Flow ETF $SFLO

Teamwork Financial Advisors LLC bought a new position in shares of VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 534,484 shares of the company’s stock, valued at approximately $19,888,000. VictoryShares Small Cap Free Cash Flow ETF comprises about 2.2% of Teamwork Financial Advisors LLC’s holdings, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. IFP Advisors Inc acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth about $297,000. Triumph Capital Management raised its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 48.8% in the 3rd quarter. Triumph Capital Management now owns 145,436 shares of the company’s stock worth $5,412,000 after acquiring an additional 47,685 shares in the last quarter. GK Wealth Management LLC acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at about $205,000. Envestnet Asset Management Inc. lifted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 382,107 shares of the company’s stock valued at $13,068,000 after purchasing an additional 29,440 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at about $234,000.

VictoryShares Small Cap Free Cash Flow ETF Price Performance

Shares of VictoryShares Small Cap Free Cash Flow ETF stock traded up $0.22 on Monday, hitting $38.97. 287,298 shares of the company’s stock traded hands, compared to its average volume of 99,329. The company has a fifty day moving average of $38.85 and a two-hundred day moving average of $35.54. VictoryShares Small Cap Free Cash Flow ETF has a one year low of $27.45 and a one year high of $42.00. The company has a market capitalization of $837.08 million, a price-to-earnings ratio of 10.93 and a beta of 0.90.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a $0.0342 dividend. This represents a $0.41 annualized dividend and a yield of 1.1%. This is a drop from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0498. The ex-dividend date of this dividend was Thursday, October 8th.

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.