Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Significant Drop in Short Interest

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 131,987 shares, a decline of 38.5% from the December 31st total of 214,613 shares. Based on an average daily trading volume, of 434,203 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 434,203 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its stake in Avantis U.S. Large Cap Value ETF by 16.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock valued at $257,768,000 after buying an additional 513,695 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 190.0% in the fourth quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock worth $50,687,000 after acquiring an additional 438,265 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Avantis U.S. Large Cap Value ETF by 58.0% in the second quarter. JPMorgan Chase & Co. now owns 423,936 shares of the company’s stock valued at $28,917,000 after acquiring an additional 155,562 shares in the last quarter. ESL Trust Services LLC acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the third quarter valued at $4,032,000. Finally, Advantage Trust Co boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 33.7% during the fourth quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock valued at $15,498,000 after acquiring an additional 51,604 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Trading Up 1.2%

NYSEARCA:AVLV opened at $81.48 on Friday. The firm has a 50-day moving average price of $76.87 and a two-hundred day moving average price of $73.30. Avantis U.S. Large Cap Value ETF has a twelve month low of $55.67 and a twelve month high of $81.81. The company has a market capitalization of $10.03 billion, a P/E ratio of 15.70 and a beta of 0.99.

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.