Avantis U.S. Equity ETF (NYSEARCA:AVUS) Hits New 1-Year High – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $101.95 and last traded at $101.78, with a volume of 165297 shares trading hands. The stock had previously closed at $101.74.

Avantis U.S. Equity ETF Stock Up 0.0 %

The company has a market capitalization of $7.34 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The company has a 50-day moving average price of $97.21 and a 200-day moving average price of $93.12.

Institutional Investors Weigh In On Avantis U.S. Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AVUS. Global Trust Asset Management LLC grew its position in Avantis U.S. Equity ETF by 833.3% during the second quarter. Global Trust Asset Management LLC now owns 280 shares of the company’s stock worth $25,000 after buying an additional 250 shares in the last quarter. National Bank of Canada FI acquired a new stake in Avantis U.S. Equity ETF during the second quarter worth about $25,000. Private Ocean LLC acquired a new stake in Avantis U.S. Equity ETF during the second quarter worth about $69,000. Fortitude Family Office LLC acquired a new stake in Avantis U.S. Equity ETF during the third quarter worth about $95,000. Finally, Empower Advisory Group LLC acquired a new stake in Avantis U.S. Equity ETF during the third quarter worth about $202,000.

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.