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

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s stock price hit a new 52-week high on Wednesday. The stock traded as high as $50.05 and last traded at $49.9240, with a volume of 2,069 shares. The stock had previously closed at $48.90.

Applied Finance Valuation Large Cap ETF Trading Up 2.5%

The firm has a 50-day moving average of $49.06 and a 200 day moving average of $46.35. The stock has a market capitalization of $583.66 million, a price-to-earnings ratio of 25.26 and a beta of 0.94.

Hedge Funds Weigh In On Applied Finance Valuation Large Cap ETF

Several large investors have recently made changes to their positions in VSLU. Newman Dignan & Sheerar Inc. purchased a new position in Applied Finance Valuation Large Cap ETF during the 3rd quarter valued at about $36,374,000. Farther Finance Advisors LLC bought a new stake in Applied Finance Valuation Large Cap ETF in the third quarter valued at about $4,533,000. Acima Private Wealth LLC bought a new stake in shares of Applied Finance Valuation Large Cap ETF during the third quarter worth $15,138,000. Finally, EverSource Wealth Advisors LLC lifted its position in Applied Finance Valuation Large Cap ETF by 58.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock worth $20,935,000 after buying an additional 184,476 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.