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 trading on Monday . The company traded as high as $128.66 and last traded at $128.31, with a volume of 71284 shares trading hands. The stock had previously closed at $126.75.

Avantis U.S. Equity ETF Stock Performance

The business’s 50-day moving average is $123.08 and its two-hundred day moving average is $117.03. The stock has a market capitalization of $12.61 billion, a PE ratio of 20.35 and a beta of 0.99.

Hedge Funds Weigh In On Avantis U.S. Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Tranquility Partners LLC grew its position in Avantis U.S. Equity ETF by 1.9% in the 1st quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after buying an additional 89 shares during the last quarter. Diversified Portfolios Inc. grew its position in Avantis U.S. Equity ETF by 1.6% in the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after buying an additional 90 shares during the last quarter. FAS Wealth Partners Inc. grew its position in Avantis U.S. Equity ETF by 1.3% in the 1st quarter. FAS Wealth Partners Inc. now owns 7,604 shares of the company’s stock valued at $845,000 after buying an additional 95 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Avantis U.S. Equity ETF by 4.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after buying an additional 97 shares during the last quarter. Finally, RCS Financial Planning LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 4.0% in the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock valued at $300,000 after buying an additional 102 shares during the period.

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.