Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Large Decrease in Short Interest

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 281,795 shares, a decline of 45.1% from the July 15th total of 513,390 shares. Based on an average daily trading volume, of 1,131,988 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Avantis U.S. Large Cap Value ETF Stock Performance

Shares of NYSEARCA:AVLV opened at $94.33 on Wednesday. Avantis U.S. Large Cap Value ETF has a 52-week low of $70.10 and a 52-week high of $95.32. The business’s 50 day simple moving average is $92.03 and its two-hundred day simple moving average is $87.17. The firm has a market cap of $18.20 billion, a P/E ratio of 15.70 and a beta of 0.94.

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

Several hedge funds have recently bought and sold shares of AVLV. ESL Trust Services LLC increased its stake in 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 valued at $62,240,000 after buying an additional 765,634 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Avantis U.S. Large Cap Value ETF by 11.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,054,363 shares of the company’s stock valued at $208,317,000 after buying an additional 304,507 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Avantis U.S. Large Cap Value ETF by 17.1% during the fourth quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock valued at $41,629,000 after purchasing an additional 80,406 shares during the last quarter. Advantage Trust Co boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 33.7% in the fourth quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock worth $15,498,000 after acquiring an additional 51,604 shares during the period. Finally, Team Financial Group LLC grew its holdings in Avantis U.S. Large Cap Value ETF by 224.5% during the 1st quarter. Team Financial Group LLC now owns 56,799 shares of the company’s stock valued at $4,579,000 after buying an additional 39,296 shares in the last quarter.

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.