Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Large Volume Increase – Time to Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) shares saw unusually-high trading volume on Tuesday . Approximately 676,153 shares changed hands during trading, an increase of 82% from the previous session’s volume of 371,653 shares.The stock last traded at $67.77 and had previously closed at $67.23.

Avantis U.S. Large Cap Value ETF Trading Up 0.8 %

The business’s fifty day simple moving average is $68.76 and its 200 day simple moving average is $65.94. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nixon Peabody Trust Co. grew its holdings in shares of Avantis U.S. Large Cap Value ETF by 7.8% in the 3rd quarter. Nixon Peabody Trust Co. now owns 859,673 shares of the company’s stock valued at $56,592,000 after buying an additional 61,928 shares during the period. Strategic Blueprint LLC boosted its stake in Avantis U.S. Large Cap Value ETF by 1.4% in the 3rd quarter. Strategic Blueprint LLC now owns 311,179 shares of the company’s stock worth $20,485,000 after purchasing an additional 4,441 shares during the period. JPMorgan Chase & Co. boosted its stake in Avantis U.S. Large Cap Value ETF by 18.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 193,366 shares of the company’s stock worth $12,729,000 after purchasing an additional 30,251 shares during the period. First National Bank Sioux Falls boosted its stake in Avantis U.S. Large Cap Value ETF by 12.2% in the 4th quarter. First National Bank Sioux Falls now owns 176,862 shares of the company’s stock worth $11,809,000 after purchasing an additional 19,181 shares during the period. Finally, Fidelity D & D Bancorp Inc. boosted its stake in Avantis U.S. Large Cap Value ETF by 13.9% in the 3rd quarter. Fidelity D & D Bancorp Inc. now owns 115,176 shares of the company’s stock worth $7,582,000 after purchasing an additional 14,016 shares during the period.

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.