Avantis U.S. Equity ETF (NYSEARCA:AVUS) Hits New 1-Year High – Time to Buy?

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $127.34 and last traded at $127.04, with a volume of 339177 shares changing hands. The stock had previously closed at $127.01.

Avantis U.S. Equity ETF Stock Up 0.0%

The company has a market capitalization of $12.69 billion, a PE ratio of 20.35 and a beta of 0.99. The stock’s fifty day simple moving average is $118.69 and its 200-day simple moving average is $115.27.

Institutional Trading of Avantis U.S. Equity ETF

Several large investors have recently modified their holdings of AVUS. Align Financial LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at approximately $4,024,752,000. Maseco LLP acquired a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at approximately $259,864,000. Financial Plan Inc. acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at approximately $149,298,000. Northwestern Mutual Wealth Management Co. boosted its position in Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after acquiring an additional 1,036,918 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in Avantis U.S. Equity ETF by 181.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after acquiring an additional 730,960 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.