Envestnet Asset Management Inc. Increases Stock Position in VictoryShares Small Cap Free Cash Flow ETF $SFLO

Envestnet Asset Management Inc. increased its holdings in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 38.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 353,353 shares of the company’s stock after buying an additional 98,232 shares during the period. Envestnet Asset Management Inc. owned 2.59% of VictoryShares Small Cap Free Cash Flow ETF worth $10,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Toth Financial Advisory Corp purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF during the third quarter worth $32,000. Western Wealth Management LLC purchased a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth about $210,000. Cerity Partners LLC purchased a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth about $211,000. Stratos Wealth Partners LTD. bought a new position in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter worth about $227,000. Finally, KPP Advisory Services LLC purchased a new position in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter valued at about $335,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Up 1.0%

Shares of SFLO opened at $30.14 on Thursday. VictoryShares Small Cap Free Cash Flow ETF has a twelve month low of $20.48 and a twelve month high of $30.62. The stock has a market cap of $483.45 million, a PE ratio of 10.93 and a beta of 1.18. The business’s 50-day moving average price is $29.97 and its 200-day moving average price is $29.17.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a dividend of $0.0087 per share. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%.

VictoryShares Small Cap Free Cash Flow ETF 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. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.