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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $66.49 and last traded at $66.49, with a volume of 2177 shares trading hands. The stock had previously closed at $66.11.

Avantis U.S. Large Cap Value ETF Stock Performance

The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93. The business’s 50-day moving average is $64.11 and its two-hundred day moving average is $63.38.

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

Several hedge funds have recently bought and sold shares of the stock. Anfield Capital Management LLC bought a new position in shares of Avantis U.S. Large Cap Value ETF in the second quarter valued at $62,000. Fidelity D & D Bancorp Inc. bought a new position in shares of Avantis U.S. Large Cap Value ETF in the second quarter valued at $6,357,000. Fortitude Family Office LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 59.9% in the first quarter. Fortitude Family Office LLC now owns 53,706 shares of the company’s stock valued at $3,451,000 after buying an additional 20,124 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 27.7% in the second quarter. Farther Finance Advisors LLC now owns 19,674 shares of the company’s stock valued at $1,234,000 after buying an additional 4,271 shares in the last quarter. Finally, First National Bank Sioux Falls grew its stake in shares of Avantis U.S. Large Cap Value ETF by 12.5% in the second quarter. First National Bank Sioux Falls now owns 135,863 shares of the company’s stock valued at $8,538,000 after buying an additional 15,047 shares in 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.