VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) Stock Price Up 0.3% – Here’s What Happened

Shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) rose 0.3% during mid-day trading on Thursday . The stock traded as high as $30.32 and last traded at $30.15. Approximately 146,579 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 92,146 shares. The stock had previously closed at $30.07.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

The company has a market capitalization of $468.23 million, a price-to-earnings ratio of 10.93 and a beta of 1.18. The firm has a 50-day simple moving average of $29.80 and a two-hundred day simple moving average of $28.88.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were issued a $0.0064 dividend. The ex-dividend date was Thursday, January 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%.

Hedge Funds Weigh In On VictoryShares Small Cap Free Cash Flow ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SFLO. 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. Comerica Bank grew its stake in VictoryShares Small Cap Free Cash Flow ETF by 379.3% during the 4th quarter. Comerica Bank now owns 5,119 shares of the company’s stock worth $151,000 after purchasing an additional 4,051 shares in the last quarter. IAG Wealth Partners LLC acquired a new position in VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth $155,000. Western Wealth Management LLC purchased a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth about $210,000. Finally, Cerity Partners LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at about $211,000.

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. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.