Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Sets New 52-Week High – Still a Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $105.40 and last traded at $105.40, with a volume of 465 shares traded. The stock had previously closed at $104.78.

Avantis U.S. Small Cap Value ETF Price Performance

The firm has a market cap of $12.89 billion, a PE ratio of 7.76 and a beta of 1.14. The company has a 50 day simple moving average of $97.52 and a 200-day simple moving average of $94.08.

Institutional Trading of Avantis U.S. Small Cap Value ETF

A number of institutional investors have recently made changes to their positions in AVUV. Prime Capital Investment Advisors LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 32,551.5% in the second quarter. Prime Capital Investment Advisors LLC now owns 1,048,441 shares of the company’s stock worth $94,066,000 after acquiring an additional 1,045,230 shares during the period. Evensky & Katz LLC raised its position in shares of Avantis U.S. Small Cap Value ETF by 2.9% in the 3rd quarter. Evensky & Katz LLC now owns 977,236 shares of the company’s stock worth $93,766,000 after purchasing an additional 27,545 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF in the 3rd quarter worth about $51,568,000. RVW Wealth LLC raised its position in shares of Avantis U.S. Small Cap Value ETF by 5.5% in the 2nd quarter. RVW Wealth LLC now owns 278,007 shares of the company’s stock worth $24,943,000 after purchasing an additional 14,558 shares during the last quarter. Finally, Orrstown Financial Services Inc. raised its position in shares of Avantis U.S. Small Cap Value ETF by 996.5% in the 3rd quarter. Orrstown Financial Services Inc. now owns 251,552 shares of the company’s stock worth $24,136,000 after purchasing an additional 228,610 shares during the last quarter.

About Avantis U.S. Small Cap Value ETF

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.