Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Hits New 12-Month High – Here’s What Happened

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $85.00 and last traded at $84.78, with a volume of 18761 shares changing hands. The stock had previously closed at $84.61.

Avantis U.S. Large Cap Value ETF Stock Up 0.9%

The company has a 50 day simple moving average of $82.26 and a two-hundred day simple moving average of $77.80. The company has a market capitalization of $11.17 billion, a P/E ratio of 15.70 and a beta of 0.97.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

Several large investors have recently modified their holdings of AVLV. Ameriprise Financial Inc. boosted its stake in Avantis U.S. Large Cap Value ETF by 16.8% during the third quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock worth $257,768,000 after buying an additional 513,695 shares during the period. Nixon Peabody Trust Co. raised its stake in shares of Avantis U.S. Large Cap Value ETF by 1.7% in the fourth quarter. Nixon Peabody Trust Co. now owns 1,006,324 shares of the company’s stock valued at $76,249,000 after acquiring an additional 16,877 shares during the period. ESL Trust Services LLC raised its stake in shares of Avantis U.S. Large Cap Value ETF by 1,372.2% in the fourth quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock valued at $62,240,000 after acquiring an additional 765,634 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 190.0% in the 4th quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock worth $50,687,000 after acquiring an additional 438,265 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 17.1% in the 4th quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock worth $41,629,000 after acquiring an additional 80,406 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

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.