Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Reaches New 1-Year High – What’s Next?

Shares of Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $47.57 and last traded at $47.45, with a volume of 5932 shares trading hands. The stock had previously closed at $47.37.

Applied Finance Valuation Large Cap ETF Price Performance

The stock’s fifty day moving average price is $46.35 and its two-hundred day moving average price is $44.72. The company has a market capitalization of $554.23 million, a PE ratio of 25.26 and a beta of 0.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VSLU. Advisory Services Network LLC lifted its holdings in Applied Finance Valuation Large Cap ETF by 3.1% in the 4th quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after buying an additional 2,404 shares during the period. Farther Finance Advisors LLC purchased a new stake in Applied Finance Valuation Large Cap ETF in the fourth quarter worth $3,829,000. JPMorgan Chase & Co. lifted its stake in Applied Finance Valuation Large Cap ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after acquiring an additional 12,342 shares during the period. Old Port Advisors boosted its holdings in Applied Finance Valuation Large Cap ETF by 21.4% in the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock valued at $9,205,000 after acquiring an additional 36,606 shares in the last quarter. Finally, Acima Private Wealth LLC boosted its holdings in Applied Finance Valuation Large Cap ETF by 14.6% in the fourth quarter. Acima Private Wealth LLC now owns 275,450 shares of the company’s stock valued at $12,191,000 after acquiring an additional 35,018 shares in the last quarter.

Applied Finance Valuation Large Cap ETF Company Profile

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.