VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Trading Up 0.8% – Should You Buy?

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW)’s share price traded up 0.8% on Wednesday . The company traded as high as $29.12 and last traded at $29.00. 50,521 shares were traded during mid-day trading, a decline of 67% from the average session volume of 152,563 shares. The stock had previously closed at $28.76.

VictoryShares Free Cash Flow Growth ETF Price Performance

The business’s 50-day moving average is $28.42 and its two-hundred day moving average is $27.31. The firm has a market cap of $645.83 million, a P/E ratio of 33.38 and a beta of 1.54.

Institutional Trading of VictoryShares Free Cash Flow Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. acquired a new position in VictoryShares Free Cash Flow Growth ETF during the third quarter valued at approximately $3,833,000. Triumph Capital Management bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter worth approximately $285,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter worth approximately $69,000. Citadel Advisors LLC bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the third quarter valued at $561,000. Finally, Bank of America Corp DE bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the third quarter valued at $5,844,000.

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.