Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 1-Year High – Here’s What Happened

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high on Monday . The company traded as high as $81.84 and last traded at $81.9180, with a volume of 201294 shares traded. The stock had previously closed at $80.97.

Avantis U.S. Large Cap Value ETF Trading Up 1.1%

The firm has a market capitalization of $10.10 billion, a PE ratio of 15.70 and a beta of 0.99. The firm has a 50 day simple moving average of $77.05 and a 200 day simple moving average of $73.45.

Institutional Trading of Avantis U.S. Large Cap Value ETF

A number of large investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its position in Avantis U.S. Large Cap Value ETF by 16.8% during the third quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock valued at $257,768,000 after purchasing an additional 513,695 shares during the period. Nixon Peabody Trust Co. raised its stake in Avantis U.S. Large Cap Value ETF by 2.5% during the 2nd quarter. Nixon Peabody Trust Co. now owns 1,034,603 shares of the company’s stock valued at $70,570,000 after buying an additional 24,775 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 190.0% during the 4th quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock valued at $50,687,000 after buying an additional 438,265 shares during the period. Opus Capital Group LLC lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 1.0% during the 4th quarter. Opus Capital Group LLC now owns 492,427 shares of the company’s stock valued at $37,311,000 after buying an additional 4,678 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 10.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 469,010 shares of the company’s stock worth $33,891,000 after buying an additional 45,074 shares during the last quarter.

About Avantis U.S. Large Cap Value ETF

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.