Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Reaches New 1-Year High – Still a Buy?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) hit a new 52-week high on Friday . The company traded as high as $46.78 and last traded at $46.78, with a volume of 1188 shares traded. The stock had previously closed at $46.41.

Applied Finance Valuation Large Cap ETF Trading Up 0.4%

The firm has a 50 day simple moving average of $44.04 and a 200 day simple moving average of $43.99. The firm has a market capitalization of $511.15 million, a PE ratio of 25.26 and a beta of 0.95.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Several institutional investors have recently modified their holdings of VSLU. EverSource Wealth Advisors LLC increased its holdings in Applied Finance Valuation Large Cap ETF by 147.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 256,620 shares of the company’s stock worth $10,956,000 after buying an additional 152,946 shares in the last quarter. Acima Private Wealth LLC lifted its stake in Applied Finance Valuation Large Cap ETF by 14.6% during the 4th quarter. Acima Private Wealth LLC now owns 275,450 shares of the company’s stock valued at $12,191,000 after acquiring an additional 35,018 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Applied Finance Valuation Large Cap ETF by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock valued at $7,353,000 after acquiring an additional 12,342 shares during the last quarter. Old Port Advisors boosted its holdings in shares of Applied Finance Valuation Large Cap ETF by 21.4% during the 4th quarter. Old Port Advisors now owns 207,977 shares of the company’s stock valued at $9,205,000 after acquiring an additional 36,606 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its stake in shares of Applied Finance Valuation Large Cap ETF by 17.1% in the third quarter. Crestwood Advisors Group LLC now owns 1,437,371 shares of the company’s stock worth $61,364,000 after acquiring an additional 209,973 shares during the period.

About Applied Finance Valuation Large Cap ETF

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.