Parallel Advisors LLC Invests $593,000 in VictoryShares Free Cash Flow Growth ETF $GFLW

Parallel Advisors LLC acquired a new stake in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 21,062 shares of the company’s stock, valued at approximately $593,000. Parallel Advisors LLC owned about 0.09% of VictoryShares Free Cash Flow Growth ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its stake in VictoryShares Free Cash Flow Growth ETF by 516.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,863 shares of the company’s stock valued at $419,000 after buying an additional 12,451 shares during the last quarter. IFP Advisors Inc bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the 4th quarter valued at about $59,000. HighTower Advisors LLC increased its position in shares of VictoryShares Free Cash Flow Growth ETF by 3.5% in the fourth quarter. HighTower Advisors LLC now owns 3,289,863 shares of the company’s stock valued at $92,643,000 after acquiring an additional 109,834 shares during the last quarter. CAP Partners LLC bought a new stake in VictoryShares Free Cash Flow Growth ETF during the fourth quarter worth about $992,000. Finally, Money Concepts Capital Corp bought a new stake in VictoryShares Free Cash Flow Growth ETF during the fourth quarter worth about $297,000.

VictoryShares Free Cash Flow Growth ETF Stock Down 0.2%

NASDAQ:GFLW opened at $31.58 on Wednesday. VictoryShares Free Cash Flow Growth ETF has a twelve month low of $24.87 and a twelve month high of $32.97. The firm has a market capitalization of $773.08 million, a price-to-earnings ratio of 33.38 and a beta of 1.26. The stock’s 50 day moving average price is $29.82 and its two-hundred day moving average price is $28.58.

VictoryShares Free Cash Flow Growth ETF 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.