Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Stock Price Down 0.4% – Here’s What Happened

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s share price was down 0.4% during trading on Monday . The company traded as low as $37.06 and last traded at $37.48. Approximately 27,990 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 20,685 shares. The stock had previously closed at $37.64.

Applied Finance Valuation Large Cap ETF Trading Down 0.4 %

The stock has a 50 day simple moving average of $37.23 and a 200 day simple moving average of $36.07. The firm has a market capitalization of $133.05 million, a PE ratio of 24.76 and a beta of 0.93.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Several hedge funds have recently made changes to their positions in the company. Crestwood Advisors Group LLC boosted its holdings in Applied Finance Valuation Large Cap ETF by 11.9% in the third quarter. Crestwood Advisors Group LLC now owns 1,136,311 shares of the company’s stock worth $40,904,000 after acquiring an additional 120,530 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in Applied Finance Valuation Large Cap ETF in the third quarter worth $2,517,000. Finally, Trustmark National Bank Trust Department boosted its holdings in Applied Finance Valuation Large Cap ETF by 5.6% in the third quarter. Trustmark National Bank Trust Department now owns 165,719 shares of the company’s stock worth $5,965,000 after acquiring an additional 8,752 shares in the last quarter.

Applied Finance Valuation Large Cap ETF Company Profile

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.