Parallel Advisors LLC grew its holdings in shares of VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW – Free Report) by 585.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 144,322 shares of the company’s stock after acquiring an additional 123,260 shares during the period. Parallel Advisors LLC’s holdings in VictoryShares Free Cash Flow Growth ETF were worth $3,795,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. acquired a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter valued at $32,000. JPMorgan Chase & Co. acquired a new position in VictoryShares Free Cash Flow Growth ETF during the 3rd quarter worth $34,000. IFP Advisors Inc bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 4th quarter worth about $59,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 3rd quarter worth about $69,000. Finally, Royal Bank of Canada acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 4th quarter valued at about $96,000.
VictoryShares Free Cash Flow Growth ETF Stock Performance
Shares of GFLW stock opened at $33.46 on Thursday. VictoryShares Free Cash Flow Growth ETF has a one year low of $25.00 and a one year high of $34.35. The company’s 50-day simple moving average is $32.63 and its 200-day simple moving average is $29.82. The stock has a market capitalization of $930.19 million, a price-to-earnings ratio of 33.38 and a beta of 1.23.
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.
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Want to see what other hedge funds are holding GFLW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW – Free Report).
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