Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Stock Price Down 0.4% – What’s Next?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) were down 0.4% on Wednesday . The company traded as low as $93.18 and last traded at $93.27. Approximately 1,459,201 shares were traded during trading, an increase of 15% from the average daily volume of 1,273,797 shares. The stock had previously closed at $93.67.

Avantis U.S. Large Cap Value ETF Stock Performance

The firm has a fifty day simple moving average of $93.09 and a 200-day simple moving average of $88.51. The firm has a market cap of $18.04 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94.

Institutional Trading of Avantis U.S. Large Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NBT Bank N A NY bought a new position in shares of Avantis U.S. Large Cap Value ETF during the first quarter worth approximately $35,000. Sarver Vrooman Wealth Advisors boosted its stake in Avantis U.S. Large Cap Value ETF by 1.4% in the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 44,966 shares of the company’s stock valued at $4,106,000 after purchasing an additional 613 shares during the period. Hurley Capital LLC grew 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 buying 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 buying an additional 640 shares during the period. Finally, Diversified Portfolios Inc. increased its position in 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 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.