American Conservative Values ETF (NYSEARCA:ACVF) Shares Up 0.1% – Should You Buy?

American Conservative Values ETF (NYSEARCA:ACVF) traded up 0.1% during trading on Thursday . The company traded as high as $49.30 and last traded at $49.22. 2,276 shares traded hands during trading, a decline of 69% from the average session volume of 7,419 shares. The stock had previously closed at $49.17.

American Conservative Values ETF Stock Up 0.1%

The firm has a market cap of $135.36 million, a price-to-earnings ratio of 25.85 and a beta of 0.96. The stock’s 50 day moving average is $49.07 and its 200 day moving average is $47.93.

American Conservative Values ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Wednesday, September 24th were given a dividend of $0.0712 per share. The ex-dividend date was Wednesday, September 24th. This represents a $0.28 annualized dividend and a dividend yield of 0.6%.

Institutional Trading of American Conservative Values ETF

Several institutional investors have recently modified their holdings of the company. MML Investors Services LLC boosted its holdings in shares of American Conservative Values ETF by 0.9% in the second quarter. MML Investors Services LLC now owns 29,861 shares of the company’s stock worth $1,408,000 after buying an additional 258 shares during the period. Private Advisor Group LLC raised its holdings in shares of American Conservative Values ETF by 5.9% during the third quarter. Private Advisor Group LLC now owns 7,889 shares of the company’s stock valued at $389,000 after acquiring an additional 440 shares during the period. Great Waters Wealth Management lifted its position in shares of American Conservative Values ETF by 11.8% in the 3rd quarter. Great Waters Wealth Management now owns 6,649 shares of the company’s stock valued at $328,000 after acquiring an additional 702 shares in the last quarter. Brookstone Capital Management lifted its position in shares of American Conservative Values ETF by 6.9% in the 2nd quarter. Brookstone Capital Management now owns 23,780 shares of the company’s stock valued at $1,121,000 after acquiring an additional 1,538 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new position in American Conservative Values ETF in the 2nd quarter worth approximately $84,000.

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.