Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sees Unusually-High Trading Volume – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS) saw unusually-high trading volume on Wednesday . Approximately 1,163,161 shares were traded during trading, an increase of 269% from the previous session’s volume of 315,449 shares.The stock last traded at $124.36 and had previously closed at $125.19.

Avantis U.S. Equity ETF Stock Up 2.0%

The stock’s 50 day moving average price is $122.14 and its 200-day moving average price is $116.66. The stock has a market capitalization of $12.58 billion, a P/E ratio of 20.35 and a beta of 0.99.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. CPC Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 1.4% in the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after buying an additional 6,820 shares during the last quarter. Leo Wealth LLC lifted its position in Avantis U.S. Equity ETF by 81.0% during the fourth quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock valued at $54,104,000 after acquiring an additional 216,502 shares during the last quarter. Tandemgrowth Financial Advisors LLC acquired a new stake in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $34,880,000. Signature Resources Capital Management LLC boosted its stake in Avantis U.S. Equity ETF by 5.6% in the fourth quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock valued at $30,361,000 after acquiring an additional 14,461 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in Avantis U.S. Equity ETF by 2.8% in the third quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after purchasing an additional 96,975 shares during the last quarter.

About Avantis U.S. Equity ETF

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.