Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Sets New 12-Month High – Time to Buy?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) shares hit a new 52-week high on Monday . The company traded as high as $47.57 and last traded at $47.45, with a volume of 5932 shares trading hands. The stock had previously closed at $47.37.

Applied Finance Valuation Large Cap ETF Price Performance

The stock’s 50 day moving average is $46.35 and its 200-day moving average is $44.72. The company has a market capitalization of $554.23 million, a P/E ratio of 25.26 and a beta of 0.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC boosted its position in shares of Applied Finance Valuation Large Cap ETF by 3.1% during 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. Farther Finance Advisors LLC purchased a new position in Applied Finance Valuation Large Cap ETF during the 4th quarter valued at about $3,829,000. JPMorgan Chase & Co. boosted its stake in Applied Finance Valuation Large Cap ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock worth $7,353,000 after acquiring an additional 12,342 shares in the last quarter. Old Port Advisors grew its holdings in Applied Finance Valuation Large Cap ETF by 21.4% in the fourth quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after purchasing an additional 36,606 shares during the period. Finally, Acima Private Wealth LLC increased its stake in shares of Applied Finance Valuation Large Cap ETF by 14.6% during the fourth quarter. Acima Private Wealth LLC now owns 275,450 shares of the company’s stock valued at $12,191,000 after purchasing an additional 35,018 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.