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

VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO)’s share price rose 0.3% during mid-day trading on Thursday . The company traded as high as $30.32 and last traded at $30.15. Approximately 146,579 shares were traded 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 Trading Up 0.3%

The company has a 50 day moving average price of $29.80 and a 200 day moving average price of $28.88. The firm has a market cap of $468.23 million, a PE ratio of 10.93 and a beta of 1.18.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were given a dividend of $0.0064 per share. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, January 8th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Toth Financial Advisory Corp acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth $32,000. Comerica Bank increased its holdings 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 valued at $151,000 after acquiring 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 third quarter worth about $155,000. Western Wealth Management LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at about $210,000. Finally, Cerity Partners LLC acquired a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at approximately $211,000.

About VictoryShares Small Cap Free Cash Flow ETF

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.