Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Declines By 28.2%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 193,119 shares, a decline of 28.2% from the February 12th total of 268,834 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 632,187 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 632,187 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AVLV. Hurley Capital LLC grew its holdings in shares of Avantis U.S. Large Cap Value ETF by 28.3% during the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock valued at $217,000 after buying an additional 631 shares during the last quarter. Cloud Capital Management LLC raised its holdings in Avantis U.S. Large Cap Value ETF by 17.6% in the 4th quarter. Cloud Capital Management LLC now owns 17,002 shares of the company’s stock worth $1,288,000 after acquiring an additional 2,539 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Avantis U.S. Large Cap Value ETF by 17.1% in the 4th quarter. JPMorgan Chase & Co. now owns 549,416 shares of the company’s stock valued at $41,629,000 after acquiring an additional 80,406 shares in the last quarter. Greenwich Wealth Management LLC lifted its position in Avantis U.S. Large Cap Value ETF by 27.7% in the 4th quarter. Greenwich Wealth Management LLC now owns 172,629 shares of the company’s stock valued at $13,080,000 after acquiring an additional 37,411 shares in the last quarter. Finally, ESL Trust Services LLC boosted its stake in 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 valued at $62,240,000 after purchasing an additional 765,634 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Price Performance

Avantis U.S. Large Cap Value ETF stock traded down $0.03 during mid-day trading on Friday, reaching $79.82. The stock had a trading volume of 528,392 shares, compared to its average volume of 597,765. Avantis U.S. Large Cap Value ETF has a one year low of $55.67 and a one year high of $84.74. The company has a 50-day moving average price of $81.38 and a two-hundred day moving average price of $76.10. The company has a market capitalization of $9.85 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99.

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.