VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) saw an uptick in trading volume on Tuesday . 66,887 shares changed hands during trading, an increase of 102% from the previous session’s volume of 33,191 shares.The stock last traded at $28.68 and had previously closed at $28.59.

VictoryShares Free Cash Flow Growth ETF Stock Performance

The stock’s fifty day moving average price is $28.35 and its 200-day moving average price is $27.72. The company has a market capitalization of $658.16 million, a P/E ratio of 33.38 and a beta of 1.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Comprehensive Financial Planning Inc. PA raised its stake in VictoryShares Free Cash Flow Growth ETF by 2.3% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 17,097 shares of the company’s stock valued at $490,000 after acquiring an additional 388 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter worth about $34,000. Assetmark Inc. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter worth approximately $52,000. 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. Finally, Jane Street Group LLC lifted its position in shares of VictoryShares Free Cash Flow Growth ETF by 26.7% during the 2nd quarter. Jane Street Group LLC now owns 17,419 shares of the company’s stock valued at $458,000 after acquiring an additional 3,674 shares during the period.

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. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.