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

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $125.36 and last traded at $125.11, with a volume of 315377 shares. The stock had previously closed at $124.76.

Avantis U.S. Small Cap Value ETF Price Performance

The stock has a market cap of $27.55 billion, a PE ratio of 11.26 and a beta of 1.00. The company’s fifty day moving average is $120.55 and its 200-day moving average is $113.45.

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

A number of institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 565.7% in the 1st quarter. Sound Income Strategies LLC now owns 233 shares of the company’s stock valued at $26,000 after buying an additional 198 shares during the period. Rogco LP acquired a new stake in Avantis U.S. Small Cap Value ETF during the fourth quarter worth about $31,000. Basepoint Wealth LLC acquired a new stake in Avantis U.S. Small Cap Value ETF during the fourth quarter worth about $31,000. Cornerstone Planning Group LLC raised its position in Avantis U.S. Small Cap Value ETF by 1,992.3% during the first quarter. Cornerstone Planning Group LLC now owns 272 shares of the company’s stock valued at $33,000 after acquiring an additional 259 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in Avantis U.S. Small Cap Value ETF during the fourth quarter valued at approximately $43,000.

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.