Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Down 45.1% in July

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 281,795 shares, a decline of 45.1% from the July 15th total of 513,390 shares. Based on an average daily volume of 1,131,988 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

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

A number of hedge funds have recently modified their holdings of AVLV. NBT Bank N A NY purchased a new stake in Avantis U.S. Large Cap Value ETF in the 1st quarter valued at $35,000. Sarver Vrooman Wealth Advisors raised its holdings in Avantis U.S. Large Cap Value ETF by 1.4% during the second quarter. Sarver Vrooman Wealth Advisors now owns 44,966 shares of the company’s stock worth $4,106,000 after purchasing an additional 613 shares in the last quarter. Hurley Capital LLC boosted its holdings in Avantis U.S. Large Cap Value ETF by 28.3% in the 4th quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock valued at $217,000 after purchasing an additional 631 shares in the last quarter. Lam Group Inc. increased its position in Avantis U.S. Large Cap Value ETF by 4.1% during the 2nd quarter. Lam Group Inc. now owns 16,150 shares of the company’s stock worth $1,473,000 after purchasing an additional 640 shares during the period. Finally, Diversified Portfolios Inc. raised its stake in shares of Avantis U.S. Large Cap Value ETF by 8.5% during the 4th quarter. Diversified Portfolios Inc. now owns 8,974 shares of the company’s stock worth $680,000 after buying an additional 700 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Stock Down 0.3%

NYSEARCA:AVLV traded down $0.26 during mid-day trading on Tuesday, reaching $94.33. 1,186,087 shares of the stock were exchanged, compared to its average volume of 1,081,760. The company has a 50 day simple moving average of $91.94 and a 200-day simple moving average of $87.08. The stock has a market capitalization of $18.20 billion, a P/E ratio of 15.70 and a beta of 0.94. Avantis U.S. Large Cap Value ETF has a 1 year low of $70.10 and a 1 year high of $95.32.

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.