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

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $108.04 and last traded at $108.0580, with a volume of 89567 shares traded. The stock had previously closed at $107.58.

Avantis U.S. Small Cap Value ETF Stock Performance

The firm has a market cap of $21.56 billion, a PE ratio of 11.26 and a beta of 1.09. The firm has a fifty day simple moving average of $102.48 and a two-hundred day simple moving average of $99.08.

Hedge Funds Weigh In On Avantis U.S. Small Cap Value ETF

Several hedge funds have recently made changes to their positions in the company. Bank of New Hampshire purchased a new stake in Avantis U.S. Small Cap Value ETF in the third quarter valued at approximately $30,000. Hollencrest Capital Management purchased a new stake in shares of Avantis U.S. Small Cap Value ETF in the 3rd quarter valued at $34,000. Lodestone Wealth Management LLC acquired a new stake in shares of Avantis U.S. Small Cap Value ETF in the fourth quarter worth $43,000. SBI Securities Co. Ltd. purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the third quarter worth $47,000. Finally, Rosenberg Matthew Hamilton acquired a new position in shares of Avantis U.S. Small Cap Value ETF in the 2nd quarter valued at about $61,000.

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.