Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Strong Trading Volume

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw strong trading volume on Tuesday . 138,992 shares were traded during trading, a decline of 54% from the previous session’s volume of 304,698 shares.The stock last traded at $65.36 and had previously closed at $65.83.

Avantis U.S. Large Cap Value ETF Stock Down 0.3 %

The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93. The company has a 50 day simple moving average of $63.65 and a 200 day simple moving average of $63.19.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Anfield Capital Management LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the second quarter worth about $62,000. Cahill Financial Advisors Inc. acquired a new stake in Avantis U.S. Large Cap Value ETF during the second quarter worth about $302,000. LRI Investments LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the first quarter worth about $359,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the second quarter worth about $1,209,000. Finally, Farther Finance Advisors LLC boosted its position 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 worth $1,234,000 after buying an additional 4,271 shares during the period.

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.