Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sees Large Volume Increase

Avantis U.S. Equity ETF (NYSEARCA:AVUS) saw an uptick in trading volume on Monday . 619,157 shares traded hands during mid-day trading, an increase of 125% from the previous session’s volume of 275,131 shares.The stock last traded at $84.75 and had previously closed at $84.59.

Avantis U.S. Equity ETF Stock Up 1.2 %

The company’s fifty day moving average price is $86.88 and its 200-day moving average price is $81.21. The stock has a market capitalization of $6.29 billion, a PE ratio of 17.12 and a beta of 1.05.

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

A number of hedge funds have recently bought and sold shares of AVUS. Meredith Wealth Planning raised its holdings in Avantis U.S. Equity ETF by 2.5% in the first quarter. Meredith Wealth Planning now owns 64,409 shares of the company’s stock worth $5,765,000 after buying an additional 1,583 shares during the last quarter. BSW Wealth Partners grew its stake in shares of Avantis U.S. Equity ETF by 1,431.5% in the first quarter. BSW Wealth Partners now owns 212,215 shares of the company’s stock worth $18,993,000 after acquiring an additional 198,358 shares during the period. Canvas Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 9.9% during the first quarter. Canvas Wealth Advisors LLC now owns 59,805 shares of the company’s stock valued at $5,081,000 after purchasing an additional 5,398 shares during the last quarter. Strategic Blueprint LLC lifted its position in Avantis U.S. Equity ETF by 0.6% during the first quarter. Strategic Blueprint LLC now owns 405,374 shares of the company’s stock valued at $36,281,000 after purchasing an additional 2,280 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Avantis U.S. Equity ETF by 6.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 260,013 shares of the company’s stock worth $23,271,000 after purchasing an additional 16,778 shares during the last quarter.

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.