Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 1-Year High – Here’s What Happened

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high during trading on Friday . The company traded as high as $70.09 and last traded at $70.09, with a volume of 2927 shares changing hands. The stock had previously closed at $69.71.

Avantis U.S. Large Cap Value ETF Stock Performance

The company has a market cap of $3.77 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93. The company’s fifty day moving average is $66.92 and its two-hundred day moving average is $64.46.

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

Several large investors have recently made changes to their positions in the business. NBC Securities Inc. acquired a new position in Avantis U.S. Large Cap Value ETF during the third quarter valued at $26,000. City State Bank acquired a new position in shares of Avantis U.S. Large Cap Value ETF in the 3rd quarter valued at about $57,000. Anfield Capital Management LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the second quarter worth about $62,000. Cahill Financial Advisors Inc. purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the second quarter worth about $302,000. Finally, BIP Wealth LLC grew its holdings in Avantis U.S. Large Cap Value ETF by 40.9% during the third quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock worth $323,000 after acquiring an additional 1,425 shares during the period.

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.