NewEdge Advisors LLC Sells 425,313 Shares of VictoryShares Small Cap Free Cash Flow ETF $SFLO

NewEdge Advisors LLC decreased its stake in shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 88.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 55,318 shares of the company’s stock after selling 425,313 shares during the period. NewEdge Advisors LLC owned 0.33% of VictoryShares Small Cap Free Cash Flow ETF worth $1,661,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SFLO. Zions Bancorporation National Association UT acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 4th quarter worth approximately $49,000. Bruce G. Allen Investments LLC boosted its position in VictoryShares Small Cap Free Cash Flow ETF by 547.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 1,859 shares of the company’s stock worth $55,000 after purchasing an additional 1,572 shares during the period. Kestra Advisory Services LLC acquired a new position in VictoryShares Small Cap Free Cash Flow ETF during the fourth quarter valued at approximately $73,000. Fifth Third Bancorp acquired a new position in VictoryShares Small Cap Free Cash Flow ETF during the first quarter valued at approximately $125,000. Finally, Comerica Bank raised its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 379.3% in the fourth quarter. Comerica Bank now owns 5,119 shares of the company’s stock valued at $151,000 after purchasing an additional 4,051 shares during the period.

VictoryShares Small Cap Free Cash Flow ETF Stock Up 0.3%

NYSEARCA:SFLO opened at $37.53 on Friday. The company’s 50 day moving average is $34.70 and its 200-day moving average is $32.12. VictoryShares Small Cap Free Cash Flow ETF has a 12 month low of $26.02 and a 12 month high of $38.42. The firm has a market cap of $678.92 million, a price-to-earnings ratio of 10.93 and a beta of 0.90.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were paid a $0.0251 dividend. The ex-dividend date was Thursday, July 9th. This is a boost from VictoryShares Small Cap Free Cash Flow ETF’s previous dividend of $0.02.

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.