American Conservative Values ETF (NYSEARCA:ACVF) Shares Up 1.6% – Should You Buy?

American Conservative Values ETF (NYSEARCA:ACVF)’s stock price rose 1.6% during trading on Monday . The company traded as high as $43.79 and last traded at $43.79. Approximately 25,220 shares traded hands during trading, an increase of 181% from the average daily volume of 8,976 shares. The stock had previously closed at $43.08.

American Conservative Values ETF Trading Down 1.0 %

The firm has a market cap of $118.18 million, a price-to-earnings ratio of 24.74 and a beta of 0.98. The firm’s 50 day simple moving average is $44.54 and its two-hundred day simple moving average is $44.39.

American Conservative Values ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 26th will be given a $0.0705 dividend. This is an increase from American Conservative Values ETF’s previous dividend of $0.07. The ex-dividend date is Wednesday, March 26th.

Institutional Trading of American Conservative Values ETF

A number of institutional investors have recently modified their holdings of ACVF. Bank of Montreal Can raised its position in shares of American Conservative Values ETF by 137.3% in the 4th quarter. Bank of Montreal Can now owns 1,884 shares of the company’s stock valued at $82,000 after buying an additional 1,090 shares in the last quarter. Stuart Chaussee & Associates Inc. acquired a new position in American Conservative Values ETF during the fourth quarter valued at approximately $87,000. Great Waters Wealth Management acquired a new position in American Conservative Values ETF during the fourth quarter valued at approximately $260,000. Raymond James Financial Inc. bought a new stake in American Conservative Values ETF during the fourth quarter worth $352,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of American Conservative Values ETF in the 3rd quarter valued at $451,000.

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.