American Conservative Values ETF (NYSEARCA:ACVF) Shares Down 0.1% – What’s Next?

Shares of American Conservative Values ETF (NYSEARCA:ACVF) traded down 0.1% during mid-day trading on Friday . The stock traded as low as $45.65 and last traded at $45.70. 17,797 shares traded hands during trading, an increase of 57% from the average session volume of 11,337 shares. The stock had previously closed at $45.76.

American Conservative Values ETF Stock Down 0.1 %

The company’s 50 day moving average price is $44.75 and its 200-day moving average price is $43.92. The stock has a market cap of $99.63 million, a P/E ratio of 26.41 and a beta of 0.97.

Hedge Funds Weigh In On American Conservative Values ETF

A number of hedge funds have recently made changes to their positions in the stock. Private Advisor Group LLC raised its stake in American Conservative Values ETF by 15.2% during the third quarter. Private Advisor Group LLC now owns 7,720 shares of the company’s stock worth $337,000 after buying an additional 1,021 shares during the last quarter. Bank of Montreal Can raised its position in shares of American Conservative Values ETF by 137.3% in the 4th quarter. Bank of Montreal Can now owns 1,884 shares of the company’s stock worth $82,000 after acquiring an additional 1,090 shares in the last quarter. Brookstone Capital Management raised its position in shares of American Conservative Values ETF by 8.0% in the 4th quarter. Brookstone Capital Management now owns 16,083 shares of the company’s stock worth $703,000 after acquiring an additional 1,190 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in American Conservative Values ETF by 19.8% in the third quarter. Clear Creek Financial Management LLC now owns 10,641 shares of the company’s stock worth $464,000 after purchasing an additional 1,761 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in American Conservative Values ETF by 7.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 34,274 shares of the company’s stock worth $1,498,000 after purchasing an additional 2,435 shares in the last quarter.

American Conservative Values ETF Company Profile

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.