Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 52-Week High – Here’s What Happened

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $86.17 and last traded at $86.17, with a volume of 21857 shares changing hands. The stock had previously closed at $85.71.

Avantis U.S. Large Cap Value ETF Stock Performance

The business has a 50 day simple moving average of $82.38 and a 200-day simple moving average of $78.07. The stock has a market capitalization of $11.34 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 hedge funds have recently made changes to their positions in AVLV. BIP Wealth LLC increased its holdings in shares of Avantis U.S. Large Cap Value ETF by 7.1% in the third quarter. BIP Wealth LLC now owns 5,254 shares of the company’s stock valued at $380,000 after buying an additional 347 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the fourth quarter valued at $43,000. Diversified Portfolios Inc. grew its position in Avantis U.S. Large Cap Value ETF by 8.0% during the third quarter. Diversified Portfolios Inc. now owns 8,274 shares of the company’s stock valued at $598,000 after purchasing an additional 610 shares in the last quarter. Hurley Capital LLC increased its stake in Avantis U.S. Large Cap Value ETF by 28.3% in 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 period. Finally, GoalVest Advisory LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the 3rd quarter worth approximately $61,000.

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.