Tradition Wealth Management LLC Acquires 22,942 Shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO)

Tradition Wealth Management LLC raised its holdings in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 69.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 55,979 shares of the company’s stock after purchasing an additional 22,942 shares during the quarter. Tradition Wealth Management LLC’s holdings in VictoryShares Small Cap Free Cash Flow ETF were worth $1,499,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Smith Anglin Financial LLC acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth approximately $206,000. Commonwealth Equity Services LLC bought a new position in VictoryShares Small Cap Free Cash Flow ETF during the second quarter worth $213,000. Masso Torrence Wealth Management Inc. increased its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 0.6% in the second quarter. Masso Torrence Wealth Management Inc. now owns 63,997 shares of the company’s stock valued at $1,668,000 after purchasing an additional 376 shares during the last quarter. Raymond James & Associates acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the third quarter valued at $2,349,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at about $5,642,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

Shares of SFLO opened at $28.27 on Monday. The firm’s 50-day simple moving average is $27.10 and its 200 day simple moving average is $26.62. The firm has a market cap of $48.06 million, a P/E ratio of 9.01 and a beta of 0.91. VictoryShares Small Cap Free Cash Flow ETF has a 52 week low of $24.24 and a 52 week high of $28.79.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a dividend of $0.012 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.14 annualized dividend and a yield of 0.51%.

About VictoryShares Small Cap Free Cash Flow ETF

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics.