Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Decreases By 38.7%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 241,977 shares, a decline of 38.7% from the May 31st total of 394,883 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,052,426 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AVLV. ESL Trust Services LLC grew its position in shares of Avantis U.S. Large Cap Value ETF by 1,372.2% in the 4th quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock valued at $62,240,000 after buying an additional 765,634 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Avantis U.S. Large Cap Value ETF by 16.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock valued at $257,768,000 after purchasing an additional 513,695 shares during the period. Farther Finance Advisors LLC lifted its stake in Avantis U.S. Large Cap Value ETF by 190.0% in the fourth quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock valued at $50,687,000 after buying an additional 438,265 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Avantis U.S. Large Cap Value ETF by 17.1% in the fourth quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock valued at $41,629,000 after buying an additional 80,406 shares during the last quarter. Finally, Advantage Trust Co raised its position in Avantis U.S. Large Cap Value ETF by 33.7% in the 4th quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock valued at $15,498,000 after purchasing an additional 51,604 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Stock Performance

Shares of NYSEARCA:AVLV traded down $0.33 on Thursday, hitting $90.50. 933,650 shares of the company’s stock were exchanged, compared to its average volume of 1,076,270. The firm’s 50-day moving average is $89.21 and its 200 day moving average is $83.63. The company has a market capitalization of $15.12 billion, a PE ratio of 15.70 and a beta of 0.94. Avantis U.S. Large Cap Value ETF has a 1-year low of $67.88 and a 1-year high of $92.46.

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.