Parallel Advisors LLC Buys 123,260 Shares of VictoryShares Free Cash Flow Growth ETF $GFLW

Parallel Advisors LLC lifted its stake in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) by 585.2% during the first quarter, Holdings Channel.com reports. The fund owned 144,322 shares of the company’s stock after buying an additional 123,260 shares during the period. Parallel Advisors LLC’s holdings in VictoryShares Free Cash Flow Growth ETF were worth $3,795,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. bought a new stake in VictoryShares Free Cash Flow Growth ETF during the first quarter worth about $32,000. Krilogy Financial LLC grew its stake in VictoryShares Free Cash Flow Growth ETF by 20.0% in the first quarter. Krilogy Financial LLC now owns 80,988 shares of the company’s stock valued at $2,335,000 after purchasing an additional 13,489 shares in the last quarter. Wealth Management Partners LLC grew its stake in VictoryShares Free Cash Flow Growth ETF by 33.9% in the first quarter. Wealth Management Partners LLC now owns 68,466 shares of the company’s stock valued at $1,800,000 after purchasing an additional 17,337 shares in the last quarter. Cetera Investment Advisers grew its stake in VictoryShares Free Cash Flow Growth ETF by 11.8% in the fourth quarter. Cetera Investment Advisers now owns 21,500 shares of the company’s stock valued at $605,000 after purchasing an additional 2,265 shares in the last quarter. Finally, Royal Bank of Canada acquired a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 4th quarter worth approximately $96,000.

VictoryShares Free Cash Flow Growth ETF Stock Down 0.1%

NASDAQ:GFLW opened at $32.00 on Tuesday. VictoryShares Free Cash Flow Growth ETF has a twelve month low of $25.00 and a twelve month high of $34.35. The firm has a market capitalization of $874.56 million, a price-to-earnings ratio of 33.38 and a beta of 1.19. The stock’s 50 day moving average price is $32.27 and its two-hundred day moving average price is $29.52.

VictoryShares Free Cash Flow Growth ETF 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.