American Conservative Values ETF (NYSEARCA:ACVF) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

American Conservative Values ETF (NYSEARCA:ACVF)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $44.20 and traded as high as $45.89. American Conservative Values ETF shares last traded at $45.70, with a volume of 13,640 shares.

American Conservative Values ETF Stock Performance

The company has a market capitalization of $99.63 million, a PE ratio of 26.41 and a beta of 0.97. The firm’s 50-day simple moving average is $44.20 and its 200 day simple moving average is $42.31.

American Conservative Values ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 26th were issued a dividend of $0.0685 per share. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On American Conservative Values ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ACVF. Atria Investments Inc increased its position in shares of American Conservative Values ETF by 38.2% in the first quarter. Atria Investments Inc now owns 75,058 shares of the company’s stock valued at $3,038,000 after buying an additional 20,752 shares in the last quarter. Brookstone Capital Management raised its position in American Conservative Values ETF by 15.7% during the second quarter. Brookstone Capital Management now owns 13,771 shares of the company’s stock worth $581,000 after acquiring an additional 1,871 shares during the last quarter. Commonwealth Equity Services LLC raised its position in American Conservative Values ETF by 5.0% during the second quarter. Commonwealth Equity Services LLC now owns 35,099 shares of the company’s stock worth $1,449,000 after acquiring an additional 1,657 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of American Conservative Values ETF by 7.0% in the second quarter. AE Wealth Management LLC now owns 12,540 shares of the company’s stock valued at $518,000 after purchasing an additional 818 shares in the last quarter. Finally, Creative Planning grew its position in shares of American Conservative Values ETF by 9.9% in the second quarter. Creative Planning now owns 12,331 shares of the company’s stock valued at $509,000 after purchasing an additional 1,111 shares during the last quarter.

About American Conservative Values ETF

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.