Avantis U.S. Equity ETF (NYSEARCA:AVUS) Hits New 1-Year High – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s stock price hit a new 52-week high on Monday . The company traded as high as $101.68 and last traded at $101.68, with a volume of 11799 shares trading hands. The stock had previously closed at $100.67.

Avantis U.S. Equity ETF Stock Performance

The business’s 50-day moving average is $96.79 and its two-hundred day moving average is $92.86. The firm has a market capitalization of $7.32 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Global Trust Asset Management LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 833.3% in the second quarter. Global Trust Asset Management LLC now owns 280 shares of the company’s stock valued at $25,000 after buying an additional 250 shares during the period. National Bank of Canada FI acquired a new position in Avantis U.S. Equity ETF in the 2nd quarter worth $25,000. Private Ocean LLC bought a new position in Avantis U.S. Equity ETF during the 2nd quarter worth about $69,000. Fortitude Family Office LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at about $95,000. Finally, LRI Investments LLC bought a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at about $137,000.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.