Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Hits New 52-Week High – Still a Buy?

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

Applied Finance Valuation Large Cap ETF Price Performance

The stock has a market cap of $571.09 million, a P/E ratio of 25.26 and a beta of 0.94. The stock’s 50-day moving average is $47.83 and its two-hundred day moving average is $45.77.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC grew its holdings in Applied Finance Valuation Large Cap ETF by 3.1% during the 4th quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock valued at $3,577,000 after buying an additional 2,404 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Applied Finance Valuation Large Cap ETF by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after acquiring an additional 12,342 shares in the last quarter. Acima Private Wealth LLC boosted its position in shares of Applied Finance Valuation Large Cap ETF by 12.5% during the 2nd 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. EverSource Wealth Advisors LLC boosted its position in shares of Applied Finance Valuation Large Cap ETF by 23.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 316,246 shares of the company’s stock valued at $13,997,000 after acquiring an additional 59,626 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of Applied Finance Valuation Large Cap ETF by 39.1% in 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 in the last quarter.

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.