Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 12-Month High – Should You Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $125.20 and last traded at $124.90, with a volume of 160091 shares trading hands. The stock had previously closed at $124.38.

Avantis U.S. Small Cap Value ETF Price Performance

The stock has a 50-day moving average price of $118.91 and a 200-day moving average price of $111.99. The firm has a market capitalization of $26.86 billion, a PE ratio of 11.26 and a beta of 1.00.

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

Several large investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of Avantis U.S. Small Cap Value ETF by 104.3% in the first quarter. Parallel Advisors LLC now owns 9,371 shares of the company’s stock worth $1,035,000 after purchasing an additional 4,785 shares in the last quarter. Dala Group LLC acquired a new position in Avantis U.S. Small Cap Value ETF during the 1st quarter valued at about $879,000. Cozad Asset Management Inc. raised its position in shares of Avantis U.S. Small Cap Value ETF by 2.8% during the 1st quarter. Cozad Asset Management Inc. now owns 31,936 shares of the company’s stock worth $3,528,000 after buying an additional 869 shares in the last quarter. McIlrath & Eck LLC lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 1.2% in the 1st quarter. McIlrath & Eck LLC now owns 129,770 shares of the company’s stock worth $14,336,000 after acquiring an additional 1,600 shares during the period. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Avantis U.S. Small Cap Value ETF by 40.1% in the first quarter. Arkadios Wealth Advisors now owns 15,103 shares of the company’s stock valued at $1,668,000 after acquiring an additional 4,326 shares in 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.