Composition Wealth LLC Increases Stake in VictoryShares Free Cash Flow Growth ETF $GFLW

Composition Wealth LLC lifted its stake in shares of VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) by 16.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,694,732 shares of the company’s stock after buying an additional 235,013 shares during the quarter. Composition Wealth LLC owned about 0.07% of VictoryShares Free Cash Flow Growth ETF worth $47,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Victory Capital Management Inc. increased its position in shares of VictoryShares Free Cash Flow Growth ETF by 4.3% during the third quarter. Victory Capital Management Inc. now owns 10,665,479 shares of the company’s stock valued at $305,891,000 after buying an additional 440,000 shares during the period. HighTower Advisors LLC increased its position in shares of VictoryShares Free Cash Flow Growth ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 3,180,029 shares of the company’s stock valued at $91,205,000 after buying an additional 1,516,213 shares during the period. Bank of America Corp DE purchased a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter valued at about $5,844,000. Brookwood Investment Group LLC purchased a new position in shares of VictoryShares Free Cash Flow Growth ETF during the fourth quarter valued at about $4,539,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter valued at about $3,833,000.

VictoryShares Free Cash Flow Growth ETF Price Performance

Shares of NASDAQ GFLW opened at $29.69 on Friday. VictoryShares Free Cash Flow Growth ETF has a 1 year low of $23.44 and a 1 year high of $29.97. The company’s 50-day moving average is $27.69 and its 200 day moving average is $28.09. The stock has a market capitalization of $725.03 million, a P/E ratio of 33.38 and a beta of 1.25.

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.