Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Stock Price Down 5% – Here’s What Happened

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s share price dropped 5% during trading on Thursday . The stock traded as low as $33.49 and last traded at $33.49. Approximately 27,107 shares were traded during trading, an increase of 8% from the average daily volume of 25,150 shares. The stock had previously closed at $35.27.

Applied Finance Valuation Large Cap ETF Stock Performance

The firm has a market cap of $202.57 million, a price-to-earnings ratio of 25.42 and a beta of 0.96. The business’s 50 day moving average price is $36.47 and its 200-day moving average price is $36.64.

Hedge Funds Weigh In On Applied Finance Valuation Large Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VSLU. Crestwood Advisors Group LLC lifted its stake in shares of Applied Finance Valuation Large Cap ETF by 3.3% in the 4th quarter. Crestwood Advisors Group LLC now owns 1,174,250 shares of the company’s stock valued at $42,966,000 after purchasing an additional 37,939 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Applied Finance Valuation Large Cap ETF by 6.8% during the fourth quarter. JPMorgan Chase & Co. now owns 377,665 shares of the company’s stock valued at $13,819,000 after acquiring an additional 23,971 shares during the period. Acima Private Wealth LLC grew its position in shares of Applied Finance Valuation Large Cap ETF by 31.2% in the fourth quarter. Acima Private Wealth LLC now owns 90,069 shares of the company’s stock valued at $3,296,000 after purchasing an additional 21,430 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Applied Finance Valuation Large Cap ETF by 23.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 86,583 shares of the company’s stock worth $3,168,000 after purchasing an additional 16,673 shares during 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.