American Conservative Values ETF (NYSEARCA:ACVF) Stock Price Up 0.1% – Here’s Why

American Conservative Values ETF (NYSEARCA:ACVF) was up 0.1% during trading on Thursday . The stock traded as high as $49.30 and last traded at $49.22. Approximately 2,276 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 7,419 shares. The stock had previously closed at $49.17.

American Conservative Values ETF Price Performance

The business’s 50-day simple moving average is $49.07 and its two-hundred day simple moving average is $47.93. The stock has a market capitalization of $135.36 million, a price-to-earnings ratio of 25.85 and a beta of 0.96.

American Conservative Values ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Wednesday, September 24th were given a dividend of $0.0712 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 24th.

Institutional Investors Weigh In On American Conservative Values ETF

Large investors have recently modified their holdings of the stock. RMG Wealth Management LLC bought a new stake in shares of American Conservative Values ETF in the 2nd quarter worth about $84,000. Larson Financial Group LLC acquired a new position in American Conservative Values ETF in the third quarter worth about $94,000. Golden State Equity Partners bought a new stake in American Conservative Values ETF in the second quarter valued at about $303,000. Great Waters Wealth Management raised its stake in American Conservative Values ETF by 11.8% during the third quarter. Great Waters Wealth Management now owns 6,649 shares of the company’s stock valued at $328,000 after buying an additional 702 shares in the last quarter. Finally, Verus Capital Partners LLC lifted its holdings in American Conservative Values ETF by 45.0% during the 2nd quarter. Verus Capital Partners LLC now owns 7,250 shares of the company’s stock worth $342,000 after buying an additional 2,250 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.