Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Down 45.1% in July

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 281,795 shares, a decline of 45.1% from the July 15th total of 513,390 shares. Based on an average daily volume of 1,131,988 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Avantis U.S. Large Cap Value ETF Stock Down 0.4%

Shares of Avantis U.S. Large Cap Value ETF stock traded down $0.42 during mid-day trading on Monday, hitting $94.59. The stock had a trading volume of 1,463,370 shares, compared to its average volume of 1,081,090. The firm has a 50-day moving average of $91.86 and a two-hundred day moving average of $86.98. The firm has a market cap of $18.25 billion, a P/E ratio of 15.70 and a beta of 0.94. Avantis U.S. Large Cap Value ETF has a 12-month low of $70.10 and a 12-month high of $95.32.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. ESL Trust Services LLC boosted its position in shares of Avantis U.S. Large Cap Value ETF by 1,372.2% during the 4th quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock worth $62,240,000 after purchasing an additional 765,634 shares during the period. Ameriprise Financial Inc. raised its position in Avantis U.S. Large Cap Value ETF by 11.1% in the second quarter. Ameriprise Financial Inc. now owns 3,054,363 shares of the company’s stock valued at $208,317,000 after purchasing an additional 304,507 shares during the period. JPMorgan Chase & Co. lifted its stake in Avantis U.S. Large Cap Value ETF by 17.1% during the fourth quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock worth $41,629,000 after purchasing an additional 80,406 shares in the last quarter. Advantage Trust Co boosted its position in shares of Avantis U.S. Large Cap Value ETF by 33.7% during the fourth quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock worth $15,498,000 after buying an additional 51,604 shares during the period. Finally, Team Financial Group LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 224.5% in the first quarter. Team Financial Group LLC now owns 56,799 shares of the company’s stock valued at $4,579,000 after buying an additional 39,296 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

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.