VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Unusually-High Trading Volume – What’s Next?

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) shares saw unusually-high trading volume on Wednesday . Approximately 279,919 shares traded hands during trading, an increase of 305% from the previous session’s volume of 69,186 shares.The stock last traded at $28.51 and had previously closed at $28.91.

VictoryShares Free Cash Flow Growth ETF Price Performance

The firm has a market capitalization of $654.94 million, a price-to-earnings ratio of 33.38 and a beta of 1.54. The business’s fifty day simple moving average is $28.32 and its 200 day simple moving average is $27.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GFLW. JPMorgan Chase & Co. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the 3rd quarter worth $34,000. Assetmark Inc. acquired a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter valued at about $52,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter worth about $69,000. Creative Planning bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the second quarter worth about $221,000. Finally, Triumph Capital Management acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 3rd quarter worth about $285,000.

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.