Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Reaches New 52-Week High – What’s Next?

Shares of Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $46.38 and last traded at $46.38, with a volume of 2120 shares. The stock had previously closed at $45.90.

Applied Finance Valuation Large Cap ETF Price Performance

The company has a market capitalization of $504.90 million, a P/E ratio of 25.26 and a beta of 0.95. The stock’s 50 day moving average is $43.69 and its 200-day moving average is $43.87.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC grew its holdings in Applied Finance Valuation Large Cap ETF by 3.1% in the fourth quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after purchasing an additional 2,404 shares during the period. Farther Finance Advisors LLC purchased a new stake in Applied Finance Valuation Large Cap ETF in the fourth quarter worth about $3,829,000. JPMorgan Chase & Co. lifted its stake in shares of Applied Finance Valuation Large Cap ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after buying an additional 12,342 shares in the last quarter. Old Port Advisors grew its holdings in shares of Applied Finance Valuation Large Cap ETF by 21.4% during the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock valued at $9,205,000 after buying an additional 36,606 shares during the last quarter. Finally, Acima Private Wealth LLC grew its holdings in shares of Applied Finance Valuation Large Cap ETF by 3.1% during the third quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock valued at $10,265,000 after buying an additional 7,168 shares during the last quarter.

Applied Finance Valuation Large Cap ETF Company Profile

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.