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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) reached a new 52-week high on Thursday . The stock traded as high as $90.74 and last traded at $90.45, with a volume of 1018402 shares. The stock had previously closed at $90.28.

Avantis U.S. Large Cap Value ETF Trading Down 0.1%

The stock has a market capitalization of $12.03 billion, a PE ratio of 15.70 and a beta of 0.95. The firm’s 50-day simple moving average is $85.14 and its two-hundred day simple moving average is $80.82.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NBT Bank N A NY purchased a new position in Avantis U.S. Large Cap Value ETF during the 1st quarter worth approximately $35,000. Aventura Private Wealth LLC purchased a new position in Avantis U.S. Large Cap Value ETF during the 4th quarter worth approximately $43,000. Diversified Portfolios Inc. grew its position in Avantis U.S. Large Cap Value ETF by 8.0% during the 3rd quarter. Diversified Portfolios Inc. now owns 8,274 shares of the company’s stock worth $598,000 after purchasing an additional 610 shares in the last quarter. Hurley Capital LLC grew its position 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 in the last quarter. Finally, Longview Financial Advisors Inc. acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the 1st quarter valued at $87,000.

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.