American Conservative Values ETF (NYSEARCA:ACVF) Stock Price Up 0.1% – Still a Buy?

Shares of American Conservative Values ETF (NYSEARCA:ACVF) shot up 0.1% during trading on Thursday . The company traded as high as $44.00 and last traded at $43.77. 14,065 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 8,586 shares. The stock had previously closed at $43.72.

American Conservative Values ETF Price Performance

The firm’s fifty day moving average price is $44.90 and its 200-day moving average price is $43.23. The company has a market cap of $96.55 million, a price-to-earnings ratio of 26.41 and a beta of 0.97.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its position in American Conservative Values ETF by 5.0% in the second quarter. Commonwealth Equity Services LLC now owns 35,099 shares of the company’s stock worth $1,449,000 after purchasing an additional 1,657 shares during the period. Brookstone Capital Management lifted its holdings in shares of American Conservative Values ETF by 8.1% in the third quarter. Brookstone Capital Management now owns 14,893 shares of the company’s stock valued at $650,000 after buying an additional 1,122 shares during the period. AE Wealth Management LLC boosted its stake in American Conservative Values ETF by 7.0% during the second quarter. AE Wealth Management LLC now owns 12,540 shares of the company’s stock valued at $518,000 after buying an additional 818 shares in the last quarter. Creative Planning grew its holdings in American Conservative Values ETF by 9.9% during the second quarter. Creative Planning now owns 12,331 shares of the company’s stock worth $509,000 after acquiring an additional 1,111 shares during the period. Finally, Clear Creek Financial Management LLC raised its position in American Conservative Values ETF by 19.8% in the third quarter. Clear Creek Financial Management LLC now owns 10,641 shares of the company’s stock worth $464,000 after acquiring an additional 1,761 shares in the last quarter.

American Conservative Values ETF Company Profile

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.