American Conservative Values ETF (NYSEARCA:ACVF) Trading Up 1.3% – Should You Buy?

American Conservative Values ETF (NYSEARCA:ACVF) shares shot up 1.3% on Monday . The company traded as high as $48.46 and last traded at $48.09. 4,625 shares were traded during trading, a decline of 24% from the average session volume of 6,073 shares. The stock had previously closed at $47.47.

American Conservative Values ETF Stock Performance

The company has a market cap of $133.69 million, a PE ratio of 25.85 and a beta of 0.96. The stock has a 50 day moving average of $49.71 and a 200-day moving average of $49.39.

Institutional Investors Weigh In On American Conservative Values ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in American Conservative Values ETF in the fourth quarter valued at approximately $85,000. Larson Financial Group LLC purchased a new position in American Conservative Values ETF during the 3rd quarter worth approximately $94,000. Bank of Montreal Can lifted its stake in American Conservative Values ETF by 10.9% during the 4th quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock valued at $103,000 after acquiring an additional 206 shares during the period. Harbour Investments Inc. lifted its stake in American Conservative Values ETF by 3,562.6% during the 4th quarter. Harbour Investments Inc. now owns 4,798 shares of the company’s stock valued at $237,000 after acquiring an additional 4,667 shares during the period. Finally, Victory Financial Group LLC boosted its holdings in shares of American Conservative Values ETF by 3.6% in the 4th quarter. Victory Financial Group LLC now owns 5,862 shares of the company’s stock valued at $290,000 after acquiring an additional 201 shares during the last quarter.

About American Conservative Values ETF

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.