Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Hits New 12-Month High – Still a Buy?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) shares hit a new 52-week high on Thursday . The stock traded as high as $49.30 and last traded at $49.30, with a volume of 12271 shares trading hands. The stock had previously closed at $48.82.

Applied Finance Valuation Large Cap ETF Price Performance

The company’s fifty day simple moving average is $47.63 and its 200-day simple moving average is $45.66. The firm has a market capitalization of $567.11 million, a PE ratio of 25.26 and a beta of 0.94.

Institutional Trading of Applied Finance Valuation Large Cap ETF

A number of institutional investors have recently made changes to their positions in VSLU. Crestwood Advisors Group LLC raised its stake in Applied Finance Valuation Large Cap ETF by 39.1% in the fourth 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. EverSource Wealth Advisors LLC increased its position in shares of Applied Finance Valuation Large Cap ETF by 58.3% in the 1st 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 raised its stake in Applied Finance Valuation Large Cap ETF by 12.5% in the 2nd quarter. Acima Private Wealth LLC now owns 312,859 shares of the company’s stock worth $14,469,000 after acquiring an additional 34,657 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Applied Finance Valuation Large Cap ETF by 1.3% during the 4th quarter. JPMorgan Chase & Co. now owns 174,427 shares of the company’s stock worth $7,720,000 after acquiring an additional 2,190 shares during the period. Finally, Advisory Services Network LLC grew its stake in Applied Finance Valuation Large Cap ETF by 3.1% during the 4th quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock valued at $3,577,000 after purchasing an additional 2,404 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.