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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s share price reached a new 52-week high on Friday . The stock traded as high as $71.37 and last traded at $71.37, with a volume of 68782 shares trading hands. The stock had previously closed at $70.93.

Avantis U.S. Large Cap Value ETF Stock Performance

The firm’s 50 day moving average price is $67.41 and its two-hundred day moving average price is $64.69. The firm has a market cap of $3.81 billion, a PE ratio of 12.52 and a beta of 0.93.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

Several large investors have recently made changes to their positions in AVLV. NBC Securities Inc. acquired a new position in shares of Avantis U.S. Large Cap Value ETF in the 3rd quarter worth approximately $26,000. City State Bank acquired a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $57,000. Anfield Capital Management LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the 2nd quarter worth approximately $62,000. Cahill Financial Advisors Inc. acquired a new stake in Avantis U.S. Large Cap Value ETF during the 2nd quarter worth approximately $302,000. Finally, BIP Wealth LLC lifted its holdings in Avantis U.S. Large Cap Value ETF by 40.9% during the 3rd quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock worth $323,000 after buying an additional 1,425 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.