Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 12-Month High – Should You Buy?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high during trading on Wednesday . The stock traded as high as $88.42 and last traded at $88.39, with a volume of 1098222 shares traded. The stock had previously closed at $87.95.

Avantis U.S. Large Cap Value ETF Price Performance

The stock’s fifty day simple moving average is $83.35 and its 200-day simple moving average is $79.60. The stock has a market cap of $11.71 billion, a P/E ratio of 15.70 and a beta of 0.95.

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

Large investors have recently bought and sold shares of the business. Fortitude Family Office LLC lifted its holdings in Avantis U.S. Large Cap Value ETF by 20.9% in the fourth quarter. Fortitude Family Office LLC now owns 118,737 shares of the company’s stock worth $8,997,000 after acquiring an additional 20,497 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in Avantis U.S. Large Cap Value ETF by 13.1% in the fourth quarter. Flagship Harbor Advisors LLC now owns 54,710 shares of the company’s stock worth $4,145,000 after acquiring an additional 6,342 shares during the last quarter. Vicus Capital lifted its holdings in Avantis U.S. Large Cap Value ETF by 147.2% in the fourth quarter. Vicus Capital now owns 12,189 shares of the company’s stock worth $924,000 after acquiring an additional 7,259 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Avantis U.S. Large Cap Value ETF by 10.6% in the third quarter. JPMorgan Chase & Co. now owns 469,010 shares of the company’s stock worth $33,891,000 after acquiring an additional 45,074 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in Avantis U.S. Large Cap Value ETF by 7.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 106,688 shares of the company’s stock worth $7,709,000 after acquiring an additional 7,767 shares during the last quarter.

About Avantis U.S. Large Cap Value ETF

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.