Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Shares Down 1% – What’s Next?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s stock price fell 1% during mid-day trading on Tuesday . The company traded as low as $36.36 and last traded at $36.40. 11,352 shares were traded during mid-day trading, a decline of 57% from the average session volume of 26,352 shares. The stock had previously closed at $36.77.

Applied Finance Valuation Large Cap ETF Stock Down 1.0 %

The company has a market capitalization of $129.22 million, a P/E ratio of 24.76 and a beta of 0.93. The firm has a fifty day simple moving average of $35.14 and a 200-day simple moving average of $33.85.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

An institutional investor recently raised its position in Applied Finance Valuation Large Cap ETF stock. Newman Dignan & Sheerar Inc. grew its holdings in Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) by 14.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 599,827 shares of the company’s stock after purchasing an additional 74,113 shares during the period. Applied Finance Valuation Large Cap ETF comprises approximately 5.3% of Newman Dignan & Sheerar Inc.’s investment portfolio, making the stock its 2nd biggest holding. Newman Dignan & Sheerar Inc. owned approximately 16.90% of Applied Finance Valuation Large Cap ETF worth $20,514,000 at the end of the most recent quarter.

About Applied Finance Valuation Large Cap ETF

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.