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 mid-day trading on Thursday . The stock 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 Up 0.5%

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VSLU. Advisory Services Network LLC grew its position in Applied Finance Valuation Large Cap ETF by 3.1% in the fourth quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after buying an additional 2,404 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF in the fourth quarter worth approximately $3,829,000. JPMorgan Chase & Co. grew its position in Applied Finance Valuation Large Cap ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after buying an additional 12,342 shares during the last quarter. Old Port Advisors grew its position in Applied Finance Valuation Large Cap ETF by 21.4% in the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after buying an additional 36,606 shares during the last quarter. Finally, Acima Private Wealth LLC grew its position in Applied Finance Valuation Large Cap ETF by 3.1% in the third quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock worth $10,265,000 after buying an additional 7,168 shares during the last quarter.

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.