Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 12-Month High – What’s Next?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $94.49 and last traded at $94.42, with a volume of 28843 shares. The stock had previously closed at $94.18.

Avantis U.S. Large Cap Value ETF Stock Performance

The company has a 50 day simple moving average of $91.55 and a 200 day simple moving average of $86.56. The company has a market capitalization of $18.20 billion, a PE ratio of 15.70 and a beta of 0.94.

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

Institutional investors have recently made changes to their positions in the company. NBT Bank N A NY purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the first quarter worth approximately $35,000. Longview Financial Advisors Inc. purchased a new position in Avantis U.S. Large Cap Value ETF in the 1st quarter valued at $87,000. Arlington Trust Co LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the 2nd quarter worth $125,000. Hurley Capital LLC boosted its stake in Avantis U.S. Large Cap Value ETF by 28.3% during 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 last quarter. Finally, Root Financial Partners LLC boosted its stake in Avantis U.S. Large Cap Value ETF by 201.1% during the 1st quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock worth $341,000 after purchasing an additional 2,824 shares during 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.