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

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

Applied Finance Valuation Large Cap ETF Trading Up 0.4%

The business’s fifty day simple moving average is $44.04 and its 200-day simple moving average is $43.99. The firm has a market cap of $511.15 million, a P/E ratio of 25.26 and a beta of 0.95.

Institutional Trading of Applied Finance Valuation Large Cap ETF

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 12,342 shares during the last quarter. Crestwood Advisors Group LLC lifted its holdings in Applied Finance Valuation Large Cap ETF by 17.1% in the 3rd quarter. Crestwood Advisors Group LLC now owns 1,437,371 shares of the company’s stock worth $61,364,000 after buying an additional 209,973 shares during the period. Acima Private Wealth LLC grew its position in shares of Applied Finance Valuation Large Cap ETF by 3.1% in the 3rd quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock worth $10,265,000 after buying an additional 7,168 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of 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 during the last quarter. Finally, Old Port Advisors increased its stake in shares of Applied Finance Valuation Large Cap ETF by 21.4% during the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock valued at $9,205,000 after buying an additional 36,606 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.