VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Large Volume Increase – Time to Buy?

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) saw strong trading volume on Monday . 236,858 shares traded hands during mid-day trading, an increase of 144% from the previous session’s volume of 97,041 shares.The stock last traded at $28.14 and had previously closed at $27.93.

VictoryShares Free Cash Flow Growth ETF Price Performance

The firm has a 50-day moving average of $28.46 and a 200-day moving average of $28.09. The stock has a market cap of $630.53 million, a PE ratio of 33.38 and a beta of 1.54.

Institutional Investors Weigh In On VictoryShares Free Cash Flow Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of GFLW. CAP Partners LLC bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the fourth quarter worth $992,000. Money Concepts Capital Corp purchased a new stake in VictoryShares Free Cash Flow Growth ETF in the 4th quarter worth $297,000. Composition Wealth LLC boosted its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 16.1% during the 4th quarter. Composition Wealth LLC now owns 1,694,732 shares of the company’s stock valued at $47,724,000 after purchasing an additional 235,013 shares during the last quarter. Purus Wealth Management LLC purchased a new position in shares of VictoryShares Free Cash Flow Growth ETF during the fourth quarter valued at about $248,000. Finally, Krilogy Financial LLC grew its position in shares of VictoryShares Free Cash Flow Growth ETF by 0.8% during the fourth quarter. Krilogy Financial LLC now owns 67,499 shares of the company’s stock valued at $1,930,000 after purchasing an additional 528 shares in the last quarter.

VictoryShares Free Cash Flow Growth ETF Company Profile

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. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.