Raymond James & Associates Makes New $2.35 Million Investment in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO)

Raymond James & Associates acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 87,762 shares of the company’s stock, valued at approximately $2,349,000. Raymond James & Associates owned 5.16% of VictoryShares Small Cap Free Cash Flow ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Masso Torrence Wealth Management Inc. grew its holdings in VictoryShares Small Cap Free Cash Flow ETF by 0.6% in the 2nd quarter. Masso Torrence Wealth Management Inc. now owns 63,997 shares of the company’s stock valued at $1,668,000 after buying an additional 376 shares during the last quarter. Smith Anglin Financial LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at approximately $206,000. Commonwealth Equity Services LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at approximately $213,000. Envestnet Asset Management Inc. acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at approximately $5,642,000. Finally, Riversedge Advisors LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at approximately $10,620,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Up 1.8 %

SFLO opened at $26.78 on Wednesday. The firm has a market capitalization of $45.52 million, a P/E ratio of 9.01 and a beta of 0.91. The stock’s 50 day moving average price is $26.52 and its two-hundred day moving average price is $26.40. VictoryShares Small Cap Free Cash Flow ETF has a 12-month low of $24.24 and a 12-month high of $28.64.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.0179 per share. This represents a $0.21 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Tuesday, October 8th. This is a positive change from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.00.

VictoryShares Small Cap Free Cash Flow ETF Company Profile

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics.