Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Trading Down 0.5% – Time to Sell?

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU)’s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as $37.64 and last traded at $37.67. 14,427 shares changed hands during trading, a decline of 43% from the average session volume of 25,221 shares. The stock had previously closed at $37.84.

Applied Finance Valuation Large Cap ETF Price Performance

The firm has a 50-day moving average of $36.81 and a 200 day moving average of $35.25. The company has a market capitalization of $133.73 million, a PE ratio of 24.76 and a beta of 0.93.

Institutional Trading of Applied Finance Valuation Large Cap ETF

A number of hedge funds have recently bought and sold shares of the company. Crestwood Advisors Group LLC lifted its position in Applied Finance Valuation Large Cap ETF by 11.9% during the third quarter. Crestwood Advisors Group LLC now owns 1,136,311 shares of the company’s stock valued at $40,904,000 after purchasing an additional 120,530 shares in the last quarter. Trustmark National Bank Trust Department raised its position in shares of Applied Finance Valuation Large Cap ETF by 5.6% during the 3rd quarter. Trustmark National Bank Trust Department now owns 165,719 shares of the company’s stock valued at $5,965,000 after purchasing an additional 8,752 shares during the period. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of Applied Finance Valuation Large Cap ETF during the 3rd quarter valued at $2,517,000.

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.