Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 12-Month High – What’s Next?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) shares reached a new 52-week high on Tuesday . The company traded as high as $92.79 and last traded at $92.15, with a volume of 1399199 shares trading hands. The stock had previously closed at $92.11.

Avantis U.S. Large Cap Value ETF Trading Up 0.0%

The stock’s 50-day moving average price is $90.86 and its two-hundred day moving average price is $85.56. The stock has a market capitalization of $17.43 billion, a P/E ratio of 15.70 and a beta of 0.94.

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

Several institutional investors have recently bought and sold shares of AVLV. NBT Bank N A NY bought a new position in Avantis U.S. Large Cap Value ETF during the first quarter valued at $35,000. Longview Financial Advisors Inc. bought a new stake in shares of Avantis U.S. Large Cap Value ETF in the first quarter valued at $87,000. Arlington Trust Co LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF in the second quarter valued at $125,000. Hurley Capital LLC lifted its position in shares of Avantis U.S. Large Cap Value ETF by 28.3% during the 4th quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock valued at $217,000 after buying an additional 631 shares during the last quarter. Finally, Root Financial Partners LLC lifted its position in shares of Avantis U.S. Large Cap Value ETF by 201.1% during the 1st quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock valued at $341,000 after buying an additional 2,824 shares during the last quarter.

About Avantis U.S. Large Cap Value ETF

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.