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

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) reached a new 52-week high on Wednesday . The stock traded as high as $92.47 and last traded at $92.46, with a volume of 40544 shares. The stock had previously closed at $92.23.

Avantis U.S. Large Cap Value ETF Stock Up 0.3%

The stock has a market capitalization of $17.38 billion, a P/E ratio of 15.70 and a beta of 0.94. The business has a fifty day moving average price of $90.54 and a 200-day moving average price of $85.15.

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

A number of hedge funds have recently bought and sold shares of the business. NBT Bank N A NY purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the 1st quarter valued at about $35,000. Aventura Private Wealth LLC bought a new position in Avantis U.S. Large Cap Value ETF during the fourth quarter valued at approximately $43,000. Longview Financial Advisors Inc. purchased a new stake in Avantis U.S. Large Cap Value ETF in the first quarter worth approximately $87,000. Arlington Trust Co LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the second quarter worth approximately $125,000. Finally, Hurley Capital LLC grew its position in Avantis U.S. Large Cap Value ETF by 28.3% in the 4th quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock worth $217,000 after purchasing an additional 631 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.