American Conservative Values ETF (NYSEARCA:ACVF) Trading Up 1% – Time to Buy?

American Conservative Values ETF (NYSEARCA:ACVF) shot up 1% during trading on Monday . The stock traded as high as $54.65 and last traded at $54.57. 2,201 shares were traded during trading, a decline of 68% from the average session volume of 6,969 shares. The stock had previously closed at $54.04.

American Conservative Values ETF Price Performance

The firm has a 50-day moving average of $50.88 and a 200 day moving average of $50.01. The stock has a market capitalization of $154.60 million, a price-to-earnings ratio of 25.85 and a beta of 0.95.

Institutional Investors Weigh In On American Conservative Values ETF

Several institutional investors have recently made changes to their positions in ACVF. Victory Financial Group LLC lifted its stake in American Conservative Values ETF by 3.6% during the fourth quarter. Victory Financial Group LLC now owns 5,862 shares of the company’s stock worth $290,000 after purchasing an additional 201 shares during the last quarter. Bank of Montreal Can lifted its stake in American Conservative Values ETF by 10.9% during the fourth quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock worth $103,000 after purchasing an additional 206 shares during the last quarter. D.A. Davidson & CO. lifted its stake in American Conservative Values ETF by 3.7% during the first quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock worth $292,000 after purchasing an additional 220 shares during the last quarter. MML Investors Services LLC lifted its stake in American Conservative Values ETF by 0.9% during the second quarter. MML Investors Services LLC now owns 29,861 shares of the company’s stock worth $1,408,000 after purchasing an additional 258 shares during the last quarter. Finally, Ascentis Independent Advisors lifted its stake in American Conservative Values ETF by 4.2% during the first quarter. Ascentis Independent Advisors now owns 6,588 shares of the company’s stock worth $314,000 after purchasing an additional 264 shares during the last quarter.

About American Conservative Values ETF

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.