Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 52-Week High – Here’s Why

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $88.42 and last traded at $88.39, with a volume of 1098222 shares. The stock had previously closed at $87.95.

Avantis U.S. Large Cap Value ETF Price Performance

The business has a 50 day moving average of $83.14 and a 200 day moving average of $79.38. The firm has a market capitalization of $11.77 billion, a price-to-earnings ratio of 15.70 and a beta of 0.95.

Institutional Investors Weigh In On Avantis U.S. Large Cap Value ETF

A number of institutional investors have recently made changes to their positions in the stock. ESL Trust Services LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 2.6% during the first quarter. ESL Trust Services LLC now owns 842,631 shares of the company’s stock worth $67,924,000 after purchasing an additional 21,199 shares during the period. Advantage Trust Co grew its stake in shares of Avantis U.S. Large Cap Value ETF by 3.4% during the first quarter. Advantage Trust Co now owns 211,547 shares of the company’s stock worth $17,053,000 after purchasing an additional 7,013 shares during the period. Team Financial Group LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 224.5% during the first quarter. Team Financial Group LLC now owns 56,799 shares of the company’s stock worth $4,579,000 after purchasing an additional 39,296 shares during the period. Mosaic Family Wealth Partners LLC acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the first quarter worth $744,000. Finally, Fidelity D & D Bancorp Inc. grew its stake in shares of Avantis U.S. Large Cap Value ETF by 14.4% during the first quarter. Fidelity D & D Bancorp Inc. now owns 221,519 shares of the company’s stock worth $17,857,000 after purchasing an additional 27,885 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.