American Conservative Values ETF (NYSEARCA:ACVF) Trading 0.1% Higher – Here’s Why

American Conservative Values ETF (NYSEARCA:ACVF)’s stock price traded up 0.1% during trading on Monday . The stock traded as high as $54.34 and last traded at $54.12. 11,673 shares changed hands during mid-day trading, an increase of 66% from the average session volume of 7,019 shares. The stock had previously closed at $54.06.

American Conservative Values ETF Price Performance

The business’s 50-day simple moving average is $52.73 and its two-hundred day simple moving average is $50.60. The stock has a market cap of $150.78 million, a price-to-earnings ratio of 25.85 and a beta of 0.95.

Institutional Investors Weigh In On American Conservative Values ETF

Hedge funds have recently modified their holdings of the company. Western Wealth Management LLC acquired a new position in American Conservative Values ETF in the 1st quarter worth about $111,000. RMG Wealth Management LLC bought a new position in American Conservative Values ETF in the first quarter valued at about $92,000. D.A. Davidson & CO. boosted its stake in shares of American Conservative Values ETF by 3.7% during the first quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock valued at $292,000 after purchasing an additional 220 shares in the last quarter. Ascentis Independent Advisors boosted its stake in shares of American Conservative Values ETF by 4.2% during the first quarter. Ascentis Independent Advisors now owns 6,588 shares of the company’s stock valued at $314,000 after purchasing an additional 264 shares in the last quarter. Finally, Baer Investment Advisory LLC bought a new stake in shares of American Conservative Values ETF during the first quarter worth about $247,000.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.