Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Trading 0.9% Higher – Here’s What Happened

Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) shot up 0.9% during mid-day trading on Friday . The stock traded as high as $67.42 and last traded at $67.33. 264,383 shares were traded during mid-day trading, a decline of 15% from the average session volume of 310,941 shares. The stock had previously closed at $66.71.

Avantis U.S. Large Cap Value ETF Stock Performance

The company has a 50 day moving average of $68.63 and a 200-day moving average of $65.71. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93.

Institutional Trading of Avantis U.S. Large Cap Value ETF

Several hedge funds have recently made changes to their positions in AVLV. JPMorgan Chase & Co. grew its stake in Avantis U.S. Large Cap Value ETF by 18.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 193,366 shares of the company’s stock worth $12,729,000 after purchasing an additional 30,251 shares in the last quarter. Fidelity D & D Bancorp Inc. grew its position in shares of Avantis U.S. Large Cap Value ETF by 13.9% during the third quarter. Fidelity D & D Bancorp Inc. now owns 115,176 shares of the company’s stock worth $7,582,000 after buying an additional 14,016 shares in the last quarter. Flow Traders U.S. LLC increased its stake in shares of Avantis U.S. Large Cap Value ETF by 261.9% during the third quarter. Flow Traders U.S. LLC now owns 17,474 shares of the company’s stock worth $1,150,000 after buying an additional 12,645 shares during the period. BIP Wealth LLC raised its holdings in Avantis U.S. Large Cap Value ETF by 40.9% in the third quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock valued at $323,000 after acquiring an additional 1,425 shares in the last quarter. Finally, Nixon Peabody Trust Co. lifted its stake in Avantis U.S. Large Cap Value ETF by 7.8% in the third quarter. Nixon Peabody Trust Co. now owns 859,673 shares of the company’s stock worth $56,592,000 after acquiring an additional 61,928 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.