Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sets New 52-Week High – Time to Buy?

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $68.90 and last traded at $68.90, with a volume of 45 shares trading hands. The stock had previously closed at $66.78.

Avantis U.S. Large Cap Value ETF Trading Up 0.2 %

The stock has a market capitalization of $3.71 billion, a PE ratio of 12.52 and a beta of 0.93. The firm has a 50-day moving average price of $65.63 and a 200-day moving average price of $63.89.

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

Large investors have recently made changes to their positions in the business. NBC Securities Inc. purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter valued at $26,000. City State Bank purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter valued at $57,000. Anfield Capital Management LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the 2nd quarter worth about $62,000. Cahill Financial Advisors Inc. purchased a new stake in Avantis U.S. Large Cap Value ETF in the 2nd quarter worth about $302,000. Finally, BIP Wealth LLC increased its holdings in Avantis U.S. Large Cap Value ETF by 40.9% in the 3rd quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock worth $323,000 after acquiring an additional 1,425 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.