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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $90.74 and last traded at $90.45, with a volume of 1018402 shares changing hands. The stock had previously closed at $90.28.

Avantis U.S. Large Cap Value ETF Stock Up 0.2%

The firm’s fifty day moving average price is $84.76 and its 200 day moving average price is $80.63. The stock has a market cap of $12.06 billion, a PE ratio of 15.70 and a beta of 0.95.

Institutional Investors Weigh In On Avantis U.S. Large Cap Value ETF

Hedge funds have recently bought and sold shares of the business. Fortitude Family Office LLC raised its stake in Avantis U.S. Large Cap Value ETF by 20.9% during the fourth quarter. Fortitude Family Office LLC now owns 118,737 shares of the company’s stock valued at $8,997,000 after purchasing an additional 20,497 shares in the last quarter. Flagship Harbor Advisors LLC raised its stake in Avantis U.S. Large Cap Value ETF by 13.1% during the fourth quarter. Flagship Harbor Advisors LLC now owns 54,710 shares of the company’s stock valued at $4,145,000 after purchasing an additional 6,342 shares in the last quarter. Vicus Capital raised its stake in Avantis U.S. Large Cap Value ETF by 147.2% during the fourth quarter. Vicus Capital now owns 12,189 shares of the company’s stock valued at $924,000 after purchasing an additional 7,259 shares in the last quarter. JPMorgan Chase & Co. increased its position in Avantis U.S. Large Cap Value ETF by 10.6% during the third quarter. JPMorgan Chase & Co. now owns 469,010 shares of the company’s stock valued at $33,891,000 after acquiring an additional 45,074 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Avantis U.S. Large Cap Value ETF by 190.0% during the fourth quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock valued at $50,687,000 after acquiring an additional 438,265 shares during the last quarter.

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.