Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLVGet Free Report) saw an uptick in trading volume on Wednesday . 11,737,186 shares changed hands during trading, an increase of 922% from the previous session’s volume of 1,148,846 shares.The stock last traded at $94.85 and had previously closed at $94.33.

Avantis U.S. Large Cap Value ETF Stock Up 0.4%

The company’s 50 day simple moving average is $92.03 and its 200-day simple moving average is $87.17. The firm has a market cap of $18.27 billion, a P/E ratio of 15.70 and a beta of 0.94.

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

A number of hedge funds have recently added to or reduced their stakes in AVLV. NBT Bank N A NY bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the first quarter valued at approximately $35,000. Longview Financial Advisors Inc. purchased a new position in shares of Avantis U.S. Large Cap Value ETF during the first quarter valued at $87,000. Arlington Trust Co LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF in the second quarter valued at about $125,000. Hurley Capital LLC lifted its stake in Avantis U.S. Large Cap Value ETF by 28.3% in the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock worth $217,000 after acquiring an additional 631 shares during the period. Finally, Root Financial Partners LLC grew its holdings in Avantis U.S. Large Cap Value ETF by 201.1% during the 1st quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock worth $341,000 after acquiring an additional 2,824 shares in the last quarter.

About Avantis U.S. Large Cap Value ETF

(Get Free Report)

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.

Further Reading

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