Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Unusually-High Trading Volume

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) shares saw strong trading volume on Friday . 1,307,793 shares were traded during trading, an increase of 293% from the previous session’s volume of 332,700 shares.The stock last traded at $62.16 and had previously closed at $63.24.

Avantis U.S. Large Cap Value ETF Price Performance

The business has a fifty day simple moving average of $61.79 and a 200 day simple moving average of $57.26. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 10.22 and a beta of 0.99.

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

A number of hedge funds have recently made changes to their positions in AVLV. First National Bank Sioux Falls raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 37.3% during the third quarter. First National Bank Sioux Falls now owns 78,006 shares of the company’s stock valued at $4,109,000 after acquiring an additional 21,205 shares during the last quarter. SOL Capital Management CO grew its position in shares of Avantis U.S. Large Cap Value ETF by 22.9% in the third quarter. SOL Capital Management CO now owns 73,608 shares of the company’s stock valued at $3,878,000 after purchasing an additional 13,733 shares in the last quarter. Diversified Portfolios Inc. grew its position in shares of Avantis U.S. Large Cap Value ETF by 8.9% in the third quarter. Diversified Portfolios Inc. now owns 4,222 shares of the company’s stock valued at $222,000 after purchasing an additional 344 shares in the last quarter. Greenwich Wealth Management LLC grew its position in shares of Avantis U.S. Large Cap Value ETF by 16.0% in the third quarter. Greenwich Wealth Management LLC now owns 92,249 shares of the company’s stock valued at $4,860,000 after purchasing an additional 12,692 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Avantis U.S. Large Cap Value ETF by 22,082,200.0% in the third quarter. JPMorgan Chase & Co. now owns 220,823 shares of the company’s stock valued at $11,633,000 after purchasing an additional 220,822 shares in 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.