Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 52-Week High – Time to Buy?

Shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $115.46 and last traded at $115.46, with a volume of 264340 shares traded. The stock had previously closed at $115.19.

Avantis U.S. Small Cap Value ETF Trading Up 0.0%

The business has a 50-day moving average of $106.12 and a 200 day moving average of $100.80. The firm has a market capitalization of $23.33 billion, a P/E ratio of 11.26 and a beta of 1.09.

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

A number of hedge funds have recently added to or reduced their stakes in AVUV. Bank of New Hampshire bought a new position in shares of Avantis U.S. Small Cap Value ETF in the third quarter valued at approximately $30,000. Rogco LP purchased a new position in Avantis U.S. Small Cap Value ETF during the 4th quarter worth $31,000. Hollencrest Capital Management purchased a new stake in shares of Avantis U.S. Small Cap Value ETF in the third quarter valued at about $34,000. Lodestone Wealth Management LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF during the fourth quarter valued at about $43,000. Finally, SBI Securities Co. Ltd. purchased a new position in Avantis U.S. Small Cap Value ETF during the third quarter worth about $47,000.

About Avantis U.S. Small Cap Value ETF

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.