Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Hits New 12-Month High – Should You Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) hit a new 52-week high on Wednesday . The stock traded as high as $87.60 and last traded at $87.38, with a volume of 570657 shares trading hands. The stock had previously closed at $86.19.

Avantis U.S. Large Cap Value ETF Price Performance

The stock has a fifty day moving average price of $82.90 and a two-hundred day moving average price of $79.05. The company has a market cap of $11.61 billion, a P/E ratio of 15.70 and a beta of 0.95.

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

A number of hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in Avantis U.S. Large Cap Value ETF by 11.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,054,363 shares of the company’s stock valued at $208,317,000 after purchasing an additional 304,507 shares during the period. Fidelity D & D Bancorp Inc. raised its position in Avantis U.S. Large Cap Value ETF by 19.7% in the second quarter. Fidelity D & D Bancorp Inc. now owns 161,993 shares of the company’s stock worth $11,050,000 after acquiring an additional 26,691 shares during the period. Vicus Capital purchased a new position in Avantis U.S. Large Cap Value ETF in the third quarter valued at about $356,000. Fiduciary Wealth Partners LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $364,000. Finally, Nations Financial Group Inc. IA ADV lifted its stake in Avantis U.S. Large Cap Value ETF by 7.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 106,688 shares of the company’s stock valued at $7,709,000 after purchasing an additional 7,767 shares during the last quarter.

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.