Investors Purchase High Volume of Global X U.S. Cash Flow Kings 100 ETF Call Options (NYSEARCA:FLOW)

Global X U.S. Cash Flow Kings 100 ETF (NYSEARCA:FLOW) was the target of unusually large options trading on Wednesday. Traders purchased 5,154 call options on the stock. This represents an increase of 7,593% compared to the typical daily volume of 67 call options.

Global X U.S. Cash Flow Kings 100 ETF Price Performance

FLOW opened at $37.14 on Thursday. The stock’s 50 day simple moving average is $35.98 and its 200 day simple moving average is $35.71. Global X U.S. Cash Flow Kings 100 ETF has a 1 year low of $28.59 and a 1 year high of $37.62. The firm has a market cap of $27.11 million, a price-to-earnings ratio of 23.36 and a beta of 0.78.

About Global X U.S. Cash Flow Kings 100 ETF

The Global X U.S. Cash Flow Kings 100 ETF (FLOW) is an exchange-traded fund that is based on the Global X U.S. Cash Flow Kings 100 index. The fund tracks an index of large- and mid-capitalization US companies that are perceived to have high profitability metrics based on free cash flow yield. FLOW was launched on Jul 10, 2023 and is issued by Global X.