VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Unusually-High Trading Volume – Time to Buy?

Shares of VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) saw an uptick in trading volume on Monday . 236,858 shares traded hands during trading, an increase of 144% from the previous session’s volume of 97,041 shares.The stock last traded at $28.14 and had previously closed at $27.93.

VictoryShares Free Cash Flow Growth ETF Stock Performance

The company has a market cap of $661.53 million, a P/E ratio of 33.38 and a beta of 1.54. The stock has a 50 day moving average price of $28.49 and a 200 day moving average price of $28.07.

Institutional Investors Weigh In On VictoryShares Free Cash Flow Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new position in shares of VictoryShares Free Cash Flow Growth ETF in the 3rd quarter worth approximately $34,000. Assetmark Inc. bought a new stake in VictoryShares Free Cash Flow Growth ETF during the third quarter worth approximately $52,000. Northwestern Mutual Wealth Management Co. acquired a new position in VictoryShares Free Cash Flow Growth ETF in the third quarter worth approximately $69,000. Creative Planning acquired a new position in VictoryShares Free Cash Flow Growth ETF in the second quarter worth approximately $221,000. Finally, Purus Wealth Management LLC bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the fourth quarter valued at $248,000.

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.