American Conservative Values ETF (NYSEARCA:ACVF) Share Price Passes Above 50 Day Moving Average – Here’s Why

Shares of American Conservative Values ETF (NYSEARCA:ACVF) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $44.78 and traded as high as $45.59. American Conservative Values ETF shares last traded at $45.53, with a volume of 7,323 shares trading hands.

American Conservative Values ETF Price Performance

The stock has a market cap of $98.67 million, a PE ratio of 26.41 and a beta of 0.97. The business has a 50 day moving average price of $44.86 and a two-hundred day moving average price of $42.83.

American Conservative Values ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0685 per share. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On American Conservative Values ETF

A number of hedge funds have recently modified their holdings of ACVF. Integrated Wealth Concepts LLC purchased a new stake in shares of American Conservative Values ETF during the third quarter worth about $451,000. Clear Creek Financial Management LLC increased its holdings in American Conservative Values ETF by 19.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 10,641 shares of the company’s stock valued at $464,000 after purchasing an additional 1,761 shares during the period. Private Advisor Group LLC raised its position in American Conservative Values ETF by 15.2% during the 3rd quarter. Private Advisor Group LLC now owns 7,720 shares of the company’s stock valued at $337,000 after purchasing an additional 1,021 shares during the last quarter. Brookstone Capital Management lifted its holdings in American Conservative Values ETF by 8.1% in the 3rd quarter. Brookstone Capital Management now owns 14,893 shares of the company’s stock worth $650,000 after buying an additional 1,122 shares during the period. Finally, Creative Planning grew its position in shares of American Conservative Values ETF by 9.9% in the 2nd quarter. Creative Planning now owns 12,331 shares of the company’s stock worth $509,000 after buying an additional 1,111 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.