Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Hits New 12-Month High – Here’s Why

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $47.57 and last traded at $47.45, with a volume of 5932 shares changing hands. The stock had previously closed at $47.37.

Applied Finance Valuation Large Cap ETF Trading Down 0.0%

The stock has a 50 day simple moving average of $46.43 and a 200 day simple moving average of $44.75. The firm has a market capitalization of $551.65 million, a PE ratio of 25.26 and a beta of 0.95.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Crestwood Advisors Group LLC raised its holdings in Applied Finance Valuation Large Cap ETF by 39.1% during the 4th quarter. Crestwood Advisors Group LLC now owns 1,999,806 shares of the company’s stock valued at $88,511,000 after buying an additional 562,435 shares during the last quarter. Newman Dignan & Sheerar Inc. grew its holdings in Applied Finance Valuation Large Cap ETF by 2.4% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 704,543 shares of the company’s stock worth $31,183,000 after acquiring an additional 16,387 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Applied Finance Valuation Large Cap ETF by 58.3% in the first quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock valued at $20,935,000 after acquiring an additional 184,476 shares during the period. Acima Private Wealth LLC increased its position in shares of Applied Finance Valuation Large Cap ETF by 12.5% in the second quarter. Acima Private Wealth LLC now owns 312,859 shares of the company’s stock valued at $14,469,000 after acquiring an additional 34,657 shares during the period. Finally, Old Port Advisors raised its stake in shares of Applied Finance Valuation Large Cap ETF by 21.4% during the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock valued at $9,205,000 after acquiring an additional 36,606 shares during the last quarter.

Applied Finance Valuation Large Cap ETF Company Profile

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.