Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 12-Month High – Here’s What Happened

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $106.76 and last traded at $106.6610, with a volume of 451467 shares changing hands. The stock had previously closed at $105.17.

Avantis U.S. Small Cap Value ETF Stock Up 1.8%

The company’s 50-day moving average is $101.06 and its two-hundred day moving average is $98.31. The company has a market capitalization of $21.03 billion, a P/E ratio of 11.26 and a beta of 1.09.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

A number of large investors have recently added to or reduced their stakes in AVUV. Ameriprise Financial Inc. boosted its holdings in shares of Avantis U.S. Small Cap Value ETF by 6.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock worth $191,190,000 after purchasing an additional 109,161 shares in the last quarter. Evensky & Katz LLC boosted its stake in Avantis U.S. Small Cap Value ETF by 20.8% in the second quarter. Evensky & Katz LLC now owns 1,221,718 shares of the company’s stock worth $111,298,000 after buying an additional 210,566 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Avantis U.S. Small Cap Value ETF by 22.9% during the third quarter. JPMorgan Chase & Co. now owns 455,750 shares of the company’s stock worth $45,361,000 after acquiring an additional 85,028 shares in the last quarter. Orrstown Financial Services Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 3.9% in the 2nd quarter. Orrstown Financial Services Inc. now owns 360,075 shares of the company’s stock worth $32,803,000 after acquiring an additional 13,617 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 216.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock worth $33,201,000 after acquiring an additional 228,273 shares during the last quarter.

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.