American Conservative Values ETF (NYSEARCA:ACVF) Trading Down 0.2% – What’s Next?

American Conservative Values ETF (NYSEARCA:ACVF) dropped 0.2% during mid-day trading on Friday . The stock traded as low as $45.40 and last traded at $45.47. Approximately 2,923 shares were traded during trading, a decline of 65% from the average daily volume of 8,429 shares. The stock had previously closed at $45.54.

American Conservative Values ETF Trading Down 0.2%

The firm has a market cap of $124.13 million, a price-to-earnings ratio of 26.39 and a beta of 0.97. The company’s 50-day moving average is $44.04 and its 200-day moving average is $44.02.

American Conservative Values ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 26th were given a $0.0705 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a positive change from American Conservative Values ETF’s previous dividend of $0.07.

Institutional Trading of American Conservative Values ETF

Hedge funds have recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its stake in shares of American Conservative Values ETF by 137.3% during the fourth quarter. Bank of Montreal Can now owns 1,884 shares of the company’s stock valued at $82,000 after acquiring an additional 1,090 shares during the last quarter. Stuart Chaussee & Associates Inc. bought a new position in American Conservative Values ETF during the fourth quarter worth $87,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in American Conservative Values ETF during the first quarter worth $310,000. Raymond James Financial Inc. bought a new position in American Conservative Values ETF during the fourth quarter worth $352,000. Finally, Clear Creek Financial Management LLC raised its stake in American Conservative Values ETF by 8.2% during the first quarter. Clear Creek Financial Management LLC now owns 11,515 shares of the company’s stock worth $493,000 after buying an additional 874 shares during the last quarter.

American Conservative Values ETF Company Profile

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.