VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Stock Price Down 0.1% – Here’s Why

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) traded down 0.1% during trading on Wednesday . The company traded as low as $29.31 and last traded at $29.38. 47,945 shares changed hands during trading, a decline of 68% from the average session volume of 150,121 shares. The stock had previously closed at $29.41.

VictoryShares Free Cash Flow Growth ETF Stock Down 0.1%

The business’s fifty day moving average price is $28.28 and its 200 day moving average price is $26.26. The firm has a market capitalization of $654.29 million, a PE ratio of 33.38 and a beta of 1.54.

Institutional Investors Weigh In On VictoryShares Free Cash Flow Growth ETF

A number of institutional investors have recently bought and sold shares of GFLW. Comprehensive Financial Planning Inc. PA purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter valued at approximately $190,000. Creative Planning purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the second quarter valued at approximately $221,000. Jane Street Group LLC purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter valued at approximately $298,000. Traphagen Investment Advisors LLC purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the third quarter valued at approximately $464,000. Finally, Tradition Wealth Management LLC purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter valued at approximately $777,000.

About VictoryShares Free Cash Flow Growth ETF

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum.