VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Christopher Mengel on Dec 11th, 2024

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 532,198 shares traded hands during trading, an increase of 106% from the previous session’s volume of 258,105 shares.The stock last traded at $35.52 and had previously closed at $35.47.

VictoryShares Free Cash Flow ETF Stock Performance

The stock has a market cap of $1.19 billion, a P/E ratio of 13.10 and a beta of 0.75. The business’s 50-day moving average price is $34.77 and its 200-day moving average price is $32.86.

VictoryShares Free Cash Flow ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a $0.0053 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date was Thursday, November 7th.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

A number of hedge funds have recently modified their holdings of VFLO. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $29,000. FMR LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in 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 about $67,000. Raleigh Capital Management Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth about $175,000. Finally, CAP Partners LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $213,000.

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.