Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Hits New 1-Year High – Still a Buy?

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

Applied Finance Valuation Large Cap ETF Stock Up 0.3%

The firm’s 50-day simple moving average is $43.59 and its 200-day simple moving average is $43.81. The firm has a market capitalization of $503.92 million, a PE ratio of 25.26 and a beta of 0.95.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC grew its holdings in 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 last quarter. JPMorgan Chase & Co. lifted its holdings in Applied Finance Valuation Large Cap ETF by 1.3% in the 4th quarter. JPMorgan Chase & Co. now owns 174,427 shares of the company’s stock worth $7,720,000 after buying an additional 2,190 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Applied Finance Valuation Large Cap ETF by 23.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 316,246 shares of the company’s stock worth $13,997,000 after buying an additional 59,626 shares during the last quarter. Crestwood Advisors Group LLC increased its stake in shares of 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 valued at $88,511,000 after buying an additional 562,435 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in shares of Applied Finance Valuation Large Cap ETF during the fourth quarter valued at approximately $3,829,000.

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.