Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 1-Year High – Still a Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $102.80 and last traded at $102.76, with a volume of 81054 shares traded. The stock had previously closed at $97.02.

Avantis U.S. Small Cap Value ETF Price Performance

The firm has a market cap of $12.43 billion, a P/E ratio of 7.76 and a beta of 1.14. The stock’s 50-day simple moving average is $95.39 and its two-hundred day simple moving average is $93.18.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. NBC Securities Inc. lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 97.6% during the 3rd quarter. NBC Securities Inc. now owns 324 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the second quarter worth $44,000. IAG Wealth Partners LLC purchased a new stake in shares of Avantis U.S. Small Cap Value ETF during the second quarter valued at $53,000. ICA Group Wealth Management LLC grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 45.9% in the second quarter. ICA Group Wealth Management LLC now owns 820 shares of the company’s stock worth $74,000 after purchasing an additional 258 shares during the last quarter. Finally, Nemes Rush Group LLC increased its stake in Avantis U.S. Small Cap Value ETF by 71.0% in the 2nd quarter. Nemes Rush Group LLC now owns 1,274 shares of the company’s stock worth $114,000 after buying an additional 529 shares during the period.

Avantis U.S. Small Cap Value ETF Company Profile

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.