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

Shares of Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) reached a new 52-week high during trading on Thursday . The stock traded as high as $49.43 and last traded at $49.4450, with a volume of 3856 shares trading hands. The stock had previously closed at $48.94.

Applied Finance Valuation Large Cap ETF Stock Performance

The business’s fifty day moving average price is $47.83 and its two-hundred day moving average price is $45.77. The stock has a market capitalization of $571.09 million, a P/E ratio of 25.26 and a beta of 0.94.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Several large investors have recently added to or reduced their stakes in VSLU. Crestwood Advisors Group LLC raised its position in Applied Finance Valuation Large Cap ETF by 39.1% during the fourth quarter. Crestwood Advisors Group LLC now owns 1,999,806 shares of the company’s stock valued at $88,511,000 after purchasing an additional 562,435 shares during the period. EverSource Wealth Advisors LLC lifted its position in Applied Finance Valuation Large Cap ETF by 58.3% in the first quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock worth $20,935,000 after buying an additional 184,476 shares during the last quarter. Acima Private Wealth LLC increased its position in Applied Finance Valuation Large Cap ETF by 12.5% during the second quarter. Acima Private Wealth LLC now owns 312,859 shares of the company’s stock valued at $14,469,000 after acquiring an additional 34,657 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Applied Finance Valuation Large Cap ETF by 1.3% in the fourth quarter. JPMorgan Chase & Co. now owns 174,427 shares of the company’s stock valued at $7,720,000 after acquiring an additional 2,190 shares during the period. Finally, Advisory Services Network LLC raised its stake in shares of Applied Finance Valuation Large Cap ETF by 3.1% in the fourth quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock valued at $3,577,000 after acquiring an additional 2,404 shares during the period.

About Applied Finance Valuation Large Cap ETF

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.