Avantis U.S. Equity ETF (NYSEARCA:AVUS) Reaches New 52-Week High – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $111.71 and last traded at $111.5680, with a volume of 62261 shares changing hands. The stock had previously closed at $111.18.

Avantis U.S. Equity ETF Price Performance

The stock has a market capitalization of $10.19 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The stock has a 50-day moving average of $109.15 and a 200 day moving average of $104.68.

Hedge Funds Weigh In On Avantis U.S. Equity ETF

Several large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after buying an additional 97 shares during the last quarter. Vicus Capital grew its position in Avantis U.S. Equity ETF by 0.4% in the third quarter. Vicus Capital now owns 28,868 shares of the company’s stock valued at $3,138,000 after acquiring an additional 101 shares during the last quarter. Waterfront Wealth Inc. grew its position in Avantis U.S. Equity ETF by 0.7% in the second quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock valued at $1,524,000 after acquiring an additional 105 shares during the last quarter. Triune Financial Partners LLC raised its stake in Avantis U.S. Equity ETF by 0.3% during the first quarter. Triune Financial Partners LLC now owns 33,914 shares of the company’s stock worth $3,133,000 after acquiring an additional 106 shares in the last quarter. Finally, Avestar Capital LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 2.2% in the second quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock worth $570,000 after acquiring an additional 121 shares during the last quarter.

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.