American Conservative Values ETF (NYSEARCA:ACVF) Stock Price Up 0.7% – What’s Next?

American Conservative Values ETF (NYSEARCA:ACVF)’s stock price rose 0.7% during trading on Tuesday . The stock traded as high as $50.28 and last traded at $50.28. Approximately 4,504 shares changed hands during trading, a decline of 26% from the average daily volume of 6,076 shares. The stock had previously closed at $49.93.

American Conservative Values ETF Stock Performance

The company has a 50 day simple moving average of $49.12 and a 200 day simple moving average of $49.31. The company has a market capitalization of $139.78 million, a PE ratio of 25.85 and a beta of 0.96.

Institutional Investors Weigh In On American Conservative Values ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MML Investors Services LLC boosted its stake in American Conservative Values ETF by 22.9% during the 4th quarter. MML Investors Services LLC now owns 30,741 shares of the company’s stock worth $1,518,000 after purchasing an additional 5,727 shares during the last quarter. Cetera Investment Advisers boosted its stake in American Conservative Values ETF by 13.9% during the 4th quarter. Cetera Investment Advisers now owns 12,620 shares of the company’s stock worth $623,000 after purchasing an additional 1,539 shares during the last quarter. Regal Investment Advisors LLC acquired a new stake in American Conservative Values ETF during the 4th quarter worth $501,000. Bank of Montreal Can lifted its stake in American Conservative Values ETF by 10.9% in the 4th quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock worth $103,000 after purchasing an additional 206 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in American Conservative Values ETF in the 4th quarter worth approximately $85,000.

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.