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

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

Avantis U.S. Large Cap Value ETF Stock Performance

The firm has a market cap of $12.06 billion, a PE ratio of 15.70 and a beta of 0.95. The stock’s 50 day simple moving average is $84.76 and its 200 day simple moving average is $80.63.

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

Several institutional investors have recently added to or reduced their stakes in AVLV. NBT Bank N A NY bought a new stake in Avantis U.S. Large Cap Value ETF in the 1st quarter worth approximately $35,000. Aventura Private Wealth LLC purchased a new position in Avantis U.S. Large Cap Value ETF during the fourth quarter valued at approximately $43,000. Longview Financial Advisors Inc. purchased a new position in Avantis U.S. Large Cap Value ETF during the first quarter valued at approximately $87,000. Hurley Capital LLC lifted its holdings in Avantis U.S. Large Cap Value ETF by 311.8% during the third quarter. Hurley Capital LLC now owns 2,228 shares of the company’s stock valued at $161,000 after purchasing an additional 1,687 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in Avantis U.S. Large Cap Value ETF during the third quarter valued at approximately $265,000.

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.