American Conservative Values ETF (NYSEARCA:ACVF) Shares Cross Above 50 Day Moving Average – Should You Sell?

American Conservative Values ETF (NYSEARCA:ACVF)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $44.20 and traded as high as $45.89. American Conservative Values ETF shares last traded at $45.70, with a volume of 13,640 shares trading hands.

American Conservative Values ETF Stock Performance

The firm has a market capitalization of $99.63 million, a PE ratio of 26.41 and a beta of 0.97. The business’s 50 day moving average price is $44.20 and its 200-day moving average price is $42.31.

American Conservative Values ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.0685 per share. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On American Conservative Values ETF

Institutional investors have recently modified their holdings of the company. Private Advisor Group LLC boosted its holdings in American Conservative Values ETF by 15.2% during the 3rd quarter. Private Advisor Group LLC now owns 7,720 shares of the company’s stock valued at $337,000 after acquiring an additional 1,021 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of American Conservative Values ETF during the third quarter worth about $451,000. Clear Creek Financial Management LLC boosted its stake in shares of American Conservative Values ETF by 19.8% in the third quarter. Clear Creek Financial Management LLC now owns 10,641 shares of the company’s stock valued at $464,000 after purchasing an additional 1,761 shares during the period. Creative Planning grew its holdings in shares of American Conservative Values ETF by 9.9% in the second quarter. Creative Planning now owns 12,331 shares of the company’s stock valued at $509,000 after purchasing an additional 1,111 shares in the last quarter. Finally, AE Wealth Management LLC increased its stake in American Conservative Values ETF by 7.0% during the 2nd quarter. AE Wealth Management LLC now owns 12,540 shares of the company’s stock worth $518,000 after buying an additional 818 shares during the period.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.