Parallel Advisors LLC Invests $593,000 in VictoryShares Free Cash Flow Growth ETF $GFLW

Parallel Advisors LLC bought a new stake in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) during the fourth quarter, HoldingsChannel.com reports. The fund bought 21,062 shares of the company’s stock, valued at approximately $593,000.

Other hedge funds have also bought and sold shares of the company. Jane Street Group LLC bought a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter valued at approximately $298,000. Creative Planning bought a new stake in VictoryShares Free Cash Flow Growth ETF in the 2nd quarter valued at $221,000. Krilogy Financial LLC lifted its holdings in VictoryShares Free Cash Flow Growth ETF by 7.8% during the 3rd quarter. Krilogy Financial LLC now owns 66,971 shares of the company’s stock valued at $1,926,000 after purchasing an additional 4,856 shares during the last quarter. Assetmark Inc. acquired a new stake in VictoryShares Free Cash Flow Growth ETF during the 3rd quarter valued at $52,000. Finally, HighTower Advisors LLC boosted its position in VictoryShares Free Cash Flow Growth ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 3,180,029 shares of the company’s stock worth $91,205,000 after purchasing an additional 1,516,213 shares during the period.

VictoryShares Free Cash Flow Growth ETF Price Performance

NASDAQ:GFLW opened at $31.58 on Wednesday. VictoryShares Free Cash Flow Growth ETF has a one year low of $24.87 and a one year high of $32.97. The company has a market cap of $773.08 million, a P/E ratio of 33.38 and a beta of 1.26. The firm’s fifty day moving average price is $29.82 and its two-hundred day moving average price is $28.58.

VictoryShares Free Cash Flow Growth ETF Company Profile

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.