Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Reaches New 12-Month High – What’s Next?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $46.92 and last traded at $46.92, with a volume of 47813 shares. The stock had previously closed at $46.70.

Applied Finance Valuation Large Cap ETF Stock Performance

The business’s 50 day moving average is $44.35 and its 200 day moving average is $44.08. The stock has a market cap of $513.77 million, a price-to-earnings ratio of 25.26 and a beta of 0.95.

Hedge Funds Weigh In On Applied Finance Valuation Large Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC boosted its stake 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 purchasing an additional 2,404 shares during the period. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF in the 4th quarter worth approximately $3,829,000. JPMorgan Chase & Co. boosted its stake in Applied Finance Valuation Large Cap ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after purchasing an additional 12,342 shares during the period. Old Port Advisors boosted its stake in Applied Finance Valuation Large Cap ETF by 21.4% in the 4th quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after purchasing an additional 36,606 shares during the period. Finally, Acima Private Wealth LLC boosted its stake in Applied Finance Valuation Large Cap ETF by 3.1% in the 3rd quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock worth $10,265,000 after purchasing an additional 7,168 shares during the period.

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.