Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 1-Year High – Should You Buy?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $68.90 and last traded at $68.90, with a volume of 45 shares changing hands. The stock had previously closed at $66.78.

Avantis U.S. Large Cap Value ETF Trading Up 3.9 %

The company has a market capitalization of $3.71 billion, a PE ratio of 12.52 and a beta of 0.93. The firm has a fifty day moving average of $65.44 and a two-hundred day moving average of $63.81.

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

A number of institutional investors have recently added to or reduced their stakes in AVLV. Anfield Capital Management LLC purchased a new position in Avantis U.S. Large Cap Value ETF in the second quarter worth about $62,000. Fidelity D & D Bancorp Inc. purchased a new position in Avantis U.S. Large Cap Value ETF during the 2nd quarter valued at about $6,357,000. Greenwich Wealth Management LLC boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 2.2% in the 2nd quarter. Greenwich Wealth Management LLC now owns 110,107 shares of the company’s stock valued at $6,919,000 after buying an additional 2,406 shares in the last quarter. Strategic Blueprint LLC increased its position in Avantis U.S. Large Cap Value ETF by 1.4% during the 3rd quarter. Strategic Blueprint LLC now owns 311,179 shares of the company’s stock valued at $20,485,000 after buying an additional 4,441 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Avantis U.S. Large Cap Value ETF by 27.7% during the second quarter. Farther Finance Advisors LLC now owns 19,674 shares of the company’s stock worth $1,234,000 after buying an additional 4,271 shares during the period.

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.