Financial Enhancement Group LLC Takes Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Financial Enhancement Group LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 475,678 shares of the company’s stock, valued at approximately $16,606,000. VictoryShares Free Cash Flow ETF comprises about 2.5% of Financial Enhancement Group LLC’s holdings, making the stock its 10th biggest position.

A number of other large investors also recently bought and sold shares of VFLO. CarsonAllaria Wealth Management Ltd. purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $29,000. FMR LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $31,000. Private Trust Co. NA purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $67,000. Raleigh Capital Management Inc. bought a new position in VictoryShares Free Cash Flow ETF in the third quarter worth approximately $175,000. Finally, Thoroughbred Financial Services LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth $209,000.

VictoryShares Free Cash Flow ETF Trading Up 1.1 %

Shares of VFLO stock opened at $35.59 on Thursday. VictoryShares Free Cash Flow ETF has a twelve month low of $27.58 and a twelve month high of $37.04. The stock has a fifty day simple moving average of $35.26 and a two-hundred day simple moving average of $33.47. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date was Wednesday, January 8th.

About VictoryShares Free Cash Flow ETF

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.