Avantis U.S. Large Cap Value ETF Sees Significant Inflows This Week
In a recent analysis of week-over-week changes in shares outstanding for ETFs, the Avantis U.S. Large Cap Value ETF (Symbol: AVLV) has garnered attention due to substantial inflows. The ETF experienced an approximate inflow of $171.1 million, marking a 3.0% increase in outstanding units, rising from 94,820,000 to 97,640,000 units.
Key Holdings Performance
Among the foremost components within the AVLV portfolio, notable performances today include Deere & Co. (Symbol: DE), which saw a decline of about 0.6%, while ConocoPhillips (Symbol: COP) increased by 2.7%. Lam Research Corp (Symbol: LRCX) witnessed a decrease of approximately 2.8%. For a detailed list of all holdings, please visit the AVLV Holdings page.
Price Performance Overview
The chart below illustrates the one-year price movement of AVLV compared to its 200-day moving average:
AVLV’s 52-week performance ranges from a low of $55.67 to a high of $71.39, with the most recent trade recorded at $60.51. Evaluating the latest share price against the 200-day moving average can provide further insights into technical trends.
Understanding ETF Unit Trading
Unlike stocks that deal in shares, exchange-traded funds (ETFs) involve trading in ‘units.’ These units can be freely exchanged like stocks, but they can also be created or liquidated based on investor demand. Each week, we keep track of changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units represents the purchase of underlying assets, while the destruction of units requires the sale of these assets. Consequently, large asset flows can affect the individual securities that the ETF holds.
Click here to discover which other nine ETFs have experienced notable inflows.
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.