Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Strong Trading Volume – What’s Next?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw strong trading volume on Tuesday . Approximately 1,521,047 shares traded hands during trading, an increase of 73% from the previous session’s volume of 881,531 shares.The stock last traded at $90.89 and had previously closed at $91.75.

Avantis U.S. Large Cap Value ETF Stock Performance

The firm has a market capitalization of $12.10 billion, a PE ratio of 15.70 and a beta of 0.94. The company has a fifty day simple moving average of $88.58 and a two-hundred day simple moving average of $83.09.

Institutional Trading of Avantis U.S. Large Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in AVLV. ESL Trust Services LLC lifted its position in shares of Avantis U.S. Large Cap Value ETF by 1,372.2% in the 4th quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock worth $62,240,000 after purchasing an additional 765,634 shares during the period. Ameriprise Financial Inc. raised its stake in Avantis U.S. Large Cap Value ETF by 16.8% in the third quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock worth $257,768,000 after buying an additional 513,695 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Avantis U.S. Large Cap Value ETF by 190.0% in the fourth quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock worth $50,687,000 after buying an additional 438,265 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Avantis U.S. Large Cap Value ETF by 17.1% in the fourth quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock worth $41,629,000 after buying an additional 80,406 shares in the last quarter. Finally, Advantage Trust Co lifted its holdings in Avantis U.S. Large Cap Value ETF by 33.7% during the fourth quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock worth $15,498,000 after buying an additional 51,604 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.