Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Trading Up 0.9% – Here’s Why

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) shot up 0.9% during mid-day trading on Friday . The stock traded as high as $36.97 and last traded at $36.89. 11,717 shares traded hands during trading, a decline of 22% from the average session volume of 15,008 shares. The stock had previously closed at $36.56.

Applied Finance Valuation Large Cap ETF Stock Performance

The firm has a fifty day moving average of $37.05 and a 200-day moving average of $35.68. The stock has a market capitalization of $130.96 million, a price-to-earnings ratio of 24.76 and a beta of 0.93.

Institutional Trading of Applied Finance Valuation Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VSLU. EverSource Wealth Advisors LLC bought a new position in shares of Applied Finance Valuation Large Cap ETF during the third quarter worth about $2,517,000. Trustmark National Bank Trust Department lifted its holdings in Applied Finance Valuation Large Cap ETF by 5.6% during the 3rd quarter. Trustmark National Bank Trust Department now owns 165,719 shares of the company’s stock worth $5,965,000 after buying an additional 8,752 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its position in shares of Applied Finance Valuation Large Cap ETF by 11.9% in the 3rd quarter. Crestwood Advisors Group LLC now owns 1,136,311 shares of the company’s stock worth $40,904,000 after acquiring an additional 120,530 shares in the last quarter.

About Applied Finance Valuation Large Cap ETF

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.