VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Hits New 12-Month High – What’s Next?

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)’s share price reached a new 52-week high on Friday . The company traded as high as $55.79 and last traded at $55.70, with a volume of 95429 shares trading hands. The stock had previously closed at $55.48.

VictoryShares Free Cash Flow ETF Stock Performance

The company’s 50 day moving average price is $49.58 and its 200-day moving average price is $44.58. The company has a market cap of $10.13 billion, a PE ratio of 13.70 and a beta of 0.82.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were issued a dividend of $0.0334 per share. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Trading of VictoryShares Free Cash Flow ETF

Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth $737,000. Goldman Sachs Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter worth about $4,233,000. Jane Street Group LLC raised its stake in VictoryShares Free Cash Flow ETF by 409.5% in the 1st quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after acquiring an additional 219,816 shares during the period. Geneos Wealth Management Inc. raised its stake in VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in VictoryShares Free Cash Flow ETF by 5,081.9% during the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after purchasing an additional 109,770 shares during the last quarter.

About VictoryShares Free Cash Flow ETF

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.