Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 1-Year High – Here’s What Happened

by · The Cerbat Gem

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $80.41 and last traded at $80.2630, with a volume of 52642 shares trading hands. The stock had previously closed at $79.82.

Avantis U.S. Large Cap Value ETF Stock Up 0.6%

The company’s fifty day simple moving average is $76.30 and its two-hundred day simple moving average is $73.11. The company has a market capitalization of $9.80 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of AVLV. Frankly Finances LLC bought a new position in Avantis U.S. Large Cap Value ETF in the fourth quarter valued at approximately $3,354,000. Nations Financial Group Inc. IA ADV raised its stake in Avantis U.S. Large Cap Value ETF by 10.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 117,981 shares of the company’s stock worth $8,939,000 after buying an additional 11,293 shares during the last quarter. Lam Group Inc. boosted its position in Avantis U.S. Large Cap Value ETF by 31.3% during the fourth quarter. Lam Group Inc. now owns 12,295 shares of the company’s stock valued at $932,000 after acquiring an additional 2,930 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Avantis U.S. Large Cap Value ETF by 190.0% in the 4th quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock worth $50,687,000 after acquiring an additional 438,265 shares in the last quarter. Finally, Vicus Capital increased its holdings in Avantis U.S. Large Cap Value ETF by 147.2% in the fourth quarter. Vicus Capital now owns 12,189 shares of the company’s stock worth $924,000 after purchasing an additional 7,259 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

(Get Free Report)

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.

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