Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLVGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 1,439,787 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 1,080,582 shares.The stock last traded at $92.17 and had previously closed at $91.75.

Avantis U.S. Large Cap Value ETF Trading Down 0.1%

The firm has a 50 day moving average price of $90.06 and a 200 day moving average price of $84.50. The stock has a market capitalization of $16.94 billion, a PE ratio of 15.70 and a beta of 0.94.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. ESL Trust Services LLC raised its stake in Avantis U.S. Large Cap Value ETF by 1,372.2% during the 4th quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock worth $62,240,000 after acquiring an additional 765,634 shares during the period. Ameriprise Financial Inc. boosted its position in shares of 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 purchasing an additional 513,695 shares during the period. Farther Finance Advisors LLC increased its stake in shares of 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 purchasing an additional 438,265 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 80,406 shares in the last quarter. Finally, Advantage Trust Co raised its position in shares of Avantis U.S. Large Cap Value ETF by 33.7% during the 4th quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock valued at $15,498,000 after purchasing an additional 51,604 shares during the period.

About Avantis U.S. Large Cap Value ETF

(Get Free Report)

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.

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