Verity Asset Management Inc. Acquires 17,445 Shares of VictoryShares Small Cap Free Cash Flow ETF $SFLO

Verity Asset Management Inc. acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 17,445 shares of the company’s stock, valued at approximately $649,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Operose Advisors LLC bought a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at about $49,000. Fifth Third Bancorp acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the first quarter valued at about $125,000. GK Wealth Management LLC bought a new position in VictoryShares Small Cap Free Cash Flow ETF during the third quarter worth about $205,000. Integrated Wealth Concepts LLC bought a new position in VictoryShares Small Cap Free Cash Flow ETF during the second quarter worth about $234,000. Finally, Sowell Financial Services LLC bought a new position in VictoryShares Small Cap Free Cash Flow ETF during the third quarter worth about $264,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Up 1.4%

Shares of VictoryShares Small Cap Free Cash Flow ETF stock opened at $40.16 on Thursday. The stock has a market capitalization of $899.18 million, a price-to-earnings ratio of 12.85 and a beta of 0.85. VictoryShares Small Cap Free Cash Flow ETF has a twelve month low of $27.45 and a twelve month high of $42.00. The company has a 50-day simple moving average of $39.00 and a two-hundred day simple moving average of $34.47.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a dividend of $0.0342 per share. This is a drop from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0498. This represents a $0.41 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, October 8th.

VictoryShares Small Cap Free Cash Flow ETF Profile

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.