Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $68.30 and traded as high as $70.21. Avantis U.S. Large Cap Value ETF shares last traded at $70.04, with a volume of 434,694 shares.

Avantis U.S. Large Cap Value ETF Stock Performance

The stock’s 50-day simple moving average is $68.45 and its 200 day simple moving average is $65.23. The company has a market capitalization of $3.72 billion, a PE ratio of 12.52 and a beta of 0.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. NBC Securities Inc. acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $26,000. City State Bank acquired a new stake in Avantis U.S. Large Cap Value ETF during the third quarter worth approximately $57,000. Anfield Capital Management LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the second quarter worth approximately $62,000. Cahill Financial Advisors Inc. purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the 2nd quarter worth approximately $302,000. Finally, BIP Wealth LLC boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 40.9% in the 3rd quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock valued at $323,000 after buying an additional 1,425 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

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.