American Conservative Values ETF (NYSEARCA:ACVF) Stock Price Up 0.1% – Here’s Why

American Conservative Values ETF (NYSEARCA:ACVF) traded up 0.1% on Thursday . The stock traded as high as $44.00 and last traded at $43.77. 14,065 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 8,586 shares. The stock had previously closed at $43.72.

American Conservative Values ETF Stock Performance

The company has a market cap of $96.55 million, a P/E ratio of 26.41 and a beta of 0.97. The stock has a 50-day simple moving average of $44.90 and a 200 day simple moving average of $43.23.

Institutional Investors Weigh In On American Conservative Values ETF

Several institutional investors and hedge funds have recently made changes to their positions in ACVF. Commonwealth Equity Services LLC raised its position in American Conservative Values ETF by 5.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 35,099 shares of the company’s stock valued at $1,449,000 after purchasing an additional 1,657 shares during the last quarter. Brookstone Capital Management lifted its position in shares of American Conservative Values ETF by 8.1% during the third quarter. Brookstone Capital Management now owns 14,893 shares of the company’s stock worth $650,000 after purchasing an additional 1,122 shares in the last quarter. AE Wealth Management LLC boosted its position in American Conservative Values ETF by 7.0% in the 2nd quarter. AE Wealth Management LLC now owns 12,540 shares of the company’s stock valued at $518,000 after buying an additional 818 shares during the last quarter. Creative Planning increased its position in American Conservative Values ETF by 9.9% in the second quarter. Creative Planning now owns 12,331 shares of the company’s stock worth $509,000 after purchasing an additional 1,111 shares during the period. Finally, Clear Creek Financial Management LLC raised its stake in shares of American Conservative Values ETF by 19.8% during the third quarter. Clear Creek Financial Management LLC now owns 10,641 shares of the company’s stock worth $464,000 after buying an additional 1,761 shares during the last quarter.

American Conservative Values ETF Company Profile

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.