Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Reaches New 1-Year High – Here’s Why

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) hit a new 52-week high during trading on Wednesday . The stock traded as high as $45.70 and last traded at $45.70, with a volume of 1088 shares trading hands. The stock had previously closed at $45.37.

Applied Finance Valuation Large Cap ETF Stock Up 1.3%

The business’s fifty day moving average is $43.51 and its 200 day moving average is $43.76. The stock has a market cap of $503.48 million, a PE ratio of 25.26 and a beta of 0.95.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Several institutional investors have recently modified their holdings of VSLU. Advisory Services Network LLC grew its holdings in shares of Applied Finance Valuation Large Cap ETF by 3.1% in the 4th quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after acquiring an additional 2,404 shares during the period. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF during the fourth quarter worth $3,829,000. JPMorgan Chase & Co. raised its holdings in Applied Finance Valuation Large Cap ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after purchasing an additional 12,342 shares during the last quarter. Old Port Advisors boosted its position in Applied Finance Valuation Large Cap ETF by 21.4% during the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after purchasing an additional 36,606 shares in the last quarter. Finally, Acima Private Wealth LLC boosted its position in Applied Finance Valuation Large Cap ETF by 3.1% during the third quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock worth $10,265,000 after purchasing an additional 7,168 shares in the last 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.