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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 177,033 shares, a decline of 69.6% from the August 31st total of 582,320 shares. Based on an average daily trading volume, of 1,389,154 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Avantis U.S. Large Cap Value ETF

A number of hedge funds have recently bought and sold shares of the business. Nixon Peabody Trust Co. raised its position in shares of Avantis U.S. Large Cap Value ETF by 2.5% in the 1st quarter. Nixon Peabody Trust Co. now owns 1,031,823 shares of the company’s stock valued at $83,175,000 after purchasing an additional 25,499 shares in the last quarter. ESL Trust Services LLC grew its position in shares of Avantis U.S. Large Cap Value ETF by 2.6% during the first quarter. ESL Trust Services LLC now owns 842,631 shares of the company’s stock worth $67,924,000 after buying an additional 21,199 shares in the last quarter. First National Bank Sioux Falls grew its position in shares of Avantis U.S. Large Cap Value ETF by 5.3% during the first quarter. First National Bank Sioux Falls now owns 225,021 shares of the company’s stock worth $19,039,000 after buying an additional 11,403 shares in the last quarter. Fidelity D & D Bancorp Inc. increased its stake in shares of Avantis U.S. Large Cap Value ETF by 14.4% in the first quarter. Fidelity D & D Bancorp Inc. now owns 221,519 shares of the company’s stock worth $17,857,000 after buying an additional 27,885 shares during the last quarter. Finally, Advantage Trust Co increased its stake in shares of Avantis U.S. Large Cap Value ETF by 3.4% in the first quarter. Advantage Trust Co now owns 211,547 shares of the company’s stock worth $17,053,000 after buying an additional 7,013 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Price Performance

NYSEARCA:AVLV opened at $91.84 on Friday. The firm has a 50-day moving average of $93.30 and a two-hundred day moving average of $89.18. The stock has a market cap of $21.45 billion, a P/E ratio of 15.70 and a beta of 0.94. Avantis U.S. Large Cap Value ETF has a 1-year low of $70.10 and a 1-year high of $95.32.

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.