Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 52-Week High – Time to Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $95.32 and last traded at $95.25, with a volume of 467 shares traded. The stock had previously closed at $95.01.

Avantis U.S. Large Cap Value ETF Stock Performance

The firm has a fifty day simple moving average of $91.86 and a 200 day simple moving average of $86.98. The company has a market cap of $18.37 billion, a PE ratio of 15.70 and a beta of 0.94.

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

A number of large investors have recently bought and sold shares of the stock. NBT Bank N A NY purchased a new position in shares of Avantis U.S. Large Cap Value ETF in the 1st quarter worth $35,000. Longview Financial Advisors Inc. purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the first quarter valued at approximately $87,000. Arlington Trust Co LLC acquired a new position in shares of Avantis U.S. Large Cap Value ETF during the second quarter worth $125,000. Hurley Capital LLC boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 28.3% in the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock valued at $217,000 after purchasing an additional 631 shares during the period. Finally, Root Financial Partners LLC grew its holdings in Avantis U.S. Large Cap Value ETF by 201.1% during the 1st quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock valued at $341,000 after purchasing an additional 2,824 shares in the last quarter.

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.