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

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) shares reached a new 52-week high on Thursday . The stock traded as high as $49.30 and last traded at $49.30, with a volume of 12271 shares trading hands. The stock had previously closed at $48.82.

Applied Finance Valuation Large Cap ETF Stock Up 1.0%

The firm has a market cap of $569.41 million, a P/E ratio of 25.26 and a beta of 0.94. The stock’s 50-day moving average is $47.51 and its 200-day moving average is $45.61.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VSLU. Crestwood Advisors Group LLC grew its position in Applied Finance Valuation Large Cap ETF by 39.1% during the fourth quarter. Crestwood Advisors Group LLC now owns 1,999,806 shares of the company’s stock worth $88,511,000 after buying an additional 562,435 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Applied Finance Valuation Large Cap ETF by 58.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock worth $20,935,000 after acquiring an additional 184,476 shares during the period. Acima Private Wealth LLC grew its holdings in shares of Applied Finance Valuation Large Cap ETF by 12.5% during the 2nd quarter. Acima Private Wealth LLC now owns 312,859 shares of the company’s stock worth $14,469,000 after purchasing an additional 34,657 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Applied Finance Valuation Large Cap ETF by 1.3% during the fourth quarter. JPMorgan Chase & Co. now owns 174,427 shares of the company’s stock valued at $7,720,000 after purchasing an additional 2,190 shares during the period. Finally, Advisory Services Network LLC raised its stake in shares of Applied Finance Valuation Large Cap ETF by 3.1% in the fourth quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock valued at $3,577,000 after purchasing an additional 2,404 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.