Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 12-Month High – Here’s Why

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s stock price hit a new 52-week high on Monday . The stock traded as high as $124.87 and last traded at $124.73, with a volume of 10904 shares. The stock had previously closed at $124.64.

Avantis U.S. Equity ETF Stock Performance

The firm has a market cap of $12.48 billion, a PE ratio of 20.35 and a beta of 0.99. The firm’s 50-day moving average price is $115.73 and its two-hundred day moving average price is $113.75.

Institutional Trading of Avantis U.S. Equity ETF

Several institutional investors have recently modified their holdings of AVUS. Brighton Jones LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $670,000. EverSource Wealth Advisors LLC raised its position in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares during the last quarter. First Trust Advisors LP raised its position in Avantis U.S. Equity ETF by 140.4% in the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after purchasing an additional 9,022 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Avantis U.S. Equity ETF by 17.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in Avantis U.S. Equity ETF in the 2nd quarter valued at $1,901,000.

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.