VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Large Volume Increase – What’s Next?

Posted by Don Miller on Nov 26th, 2024

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 775,864 shares were traded during mid-day trading, an increase of 212% from the previous session’s volume of 248,995 shares.The stock last traded at $36.53 and had previously closed at $36.64.

VictoryShares Free Cash Flow ETF Price Performance

The firm’s fifty day moving average is $34.06 and its two-hundred day moving average is $32.48. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a $0.0053 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.06 dividend on an annualized basis and a yield of 0.17%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CarsonAllaria Wealth Management Ltd. bought a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth $29,000. FMR LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at about $31,000. Private Trust Co. NA bought a new position in shares of VictoryShares Free Cash Flow ETF in the third quarter worth approximately $67,000. Raleigh Capital Management Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at about $175,000. Finally, Thoroughbred Financial Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $209,000.

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.