Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 1-Year High – What’s Next?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) reached a new 52-week high during trading on Wednesday. The stock traded as high as $95.34 and last traded at $95.3250, with a volume of 1,994,824 shares. The stock had previously closed at $93.74.

Avantis U.S. Large Cap Value ETF Stock Performance

The stock’s 50-day simple moving average is $92.92 and its 200 day simple moving average is $88.57. The company has a market capitalization of $22.02 billion, a PE ratio of 15.70 and a beta of 0.94.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nemes Rush Group LLC acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $52,000. GoalVest Advisory LLC acquired a new position in Avantis U.S. Large Cap Value ETF in the third quarter valued at approximately $59,000. Arlington Trust Co LLC acquired a new position in Avantis U.S. Large Cap Value ETF in the second quarter valued at approximately $125,000. Creative Capital Management Investments LLC purchased a new position in Avantis U.S. Large Cap Value ETF in the third quarter valued at approximately $260,000. Finally, Cahill Financial Advisors Inc. purchased a new position in Avantis U.S. Large Cap Value ETF in the second quarter valued at approximately $345,000.

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.