Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Reaches New 12-Month High – Here’s What Happened

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high on Friday . The company traded as high as $91.76 and last traded at $91.69, with a volume of 222652 shares. The stock had previously closed at $90.89.

Avantis U.S. Large Cap Value ETF Price Performance

The firm has a market capitalization of $12.22 billion, a P/E ratio of 15.70 and a beta of 0.94. The stock has a fifty day simple moving average of $86.97 and a two-hundred day simple moving average of $82.02.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. NBT Bank N A NY purchased a new stake in Avantis U.S. Large Cap Value ETF during the 1st quarter valued at about $35,000. Aventura Private Wealth LLC bought a new position in Avantis U.S. Large Cap Value ETF during the 4th quarter valued at approximately $43,000. Longview Financial Advisors Inc. bought a new stake in shares of Avantis U.S. Large Cap Value ETF in the 1st quarter worth $87,000. Hurley Capital LLC boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 311.8% in the 3rd quarter. Hurley Capital LLC now owns 2,228 shares of the company’s stock worth $161,000 after buying an additional 1,687 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of Avantis U.S. Large Cap Value ETF in the 3rd quarter worth $265,000.

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.