Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 1-Year High – Should You Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $92.79 and last traded at $92.15, with a volume of 1399199 shares changing hands. The stock had previously closed at $92.11.

Avantis U.S. Large Cap Value ETF Stock Down 1.2%

The company has a 50 day moving average of $91.01 and a 200 day moving average of $85.75. The stock has a market capitalization of $17.50 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. NBT Bank N A NY purchased a new position in shares of Avantis U.S. Large Cap Value ETF during the 1st quarter worth about $35,000. Longview Financial Advisors Inc. purchased a new stake in Avantis U.S. Large Cap Value ETF in the first quarter valued at approximately $87,000. Arlington Trust Co LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the second quarter valued at approximately $125,000. Hurley Capital LLC increased its position in Avantis U.S. Large Cap Value ETF by 28.3% during the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock worth $217,000 after purchasing an additional 631 shares during the last quarter. Finally, Root Financial Partners LLC increased its position in Avantis U.S. Large Cap Value ETF by 201.1% during the first quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock worth $341,000 after purchasing an additional 2,824 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.