Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Shares Up 0.9% – Should You Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) shares traded up 0.9% during mid-day trading on Friday . The company traded as high as $67.42 and last traded at $67.33. 264,383 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 310,941 shares. The stock had previously closed at $66.71.

Avantis U.S. Large Cap Value ETF Stock Up 0.9 %

The company’s 50-day moving average is $68.63 and its 200-day moving average is $65.71. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Nixon Peabody Trust Co. boosted its stake in Avantis U.S. Large Cap Value ETF by 7.8% during the third quarter. Nixon Peabody Trust Co. now owns 859,673 shares of the company’s stock worth $56,592,000 after buying an additional 61,928 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 1.4% in the 3rd quarter. Strategic Blueprint LLC now owns 311,179 shares of the company’s stock worth $20,485,000 after acquiring an additional 4,441 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 18.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 193,366 shares of the company’s stock worth $12,729,000 after acquiring an additional 30,251 shares during the last quarter. First National Bank Sioux Falls boosted its position in shares of Avantis U.S. Large Cap Value ETF by 16.1% during the 3rd quarter. First National Bank Sioux Falls now owns 157,681 shares of the company’s stock worth $10,380,000 after purchasing an additional 21,818 shares during the period. Finally, Fidelity D & D Bancorp Inc. increased its holdings in Avantis U.S. Large Cap Value ETF by 13.9% in the 3rd quarter. Fidelity D & D Bancorp Inc. now owns 115,176 shares of the company’s stock valued at $7,582,000 after purchasing an additional 14,016 shares during 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.