Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 52-Week High – Still a Buy?

Shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) reached a new 52-week high during trading on Wednesday . The company traded as high as $104.94 and last traded at $105.5160, with a volume of 568397 shares. The stock had previously closed at $102.87.

Avantis U.S. Small Cap Value ETF Stock Performance

The stock’s 50 day simple moving average is $99.12 and its 200 day simple moving average is $96.32. The firm has a market cap of $20.08 billion, a PE ratio of 11.26 and a beta of 1.09.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AVUV. IFP Advisors Inc grew its position in Avantis U.S. Small Cap Value ETF by 1.9% during the 3rd quarter. IFP Advisors Inc now owns 7,980 shares of the company’s stock worth $794,000 after acquiring an additional 149 shares during the last quarter. Meadow Creek Wealth Advisors LLC grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 25,079 shares of the company’s stock worth $2,285,000 after purchasing an additional 156 shares during the last quarter. Transcendent Capital Group LLC grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.3% in the third quarter. Transcendent Capital Group LLC now owns 13,833 shares of the company’s stock worth $1,377,000 after purchasing an additional 174 shares during the last quarter. Hurlow Wealth Management Group Inc. increased its stake in shares of Avantis U.S. Small Cap Value ETF by 9.4% in the third quarter. Hurlow Wealth Management Group Inc. now owns 2,446 shares of the company’s stock worth $243,000 after buying an additional 211 shares during the period. Finally, White Pine Investment CO raised its holdings in Avantis U.S. Small Cap Value ETF by 0.4% during the 2nd quarter. White Pine Investment CO now owns 61,387 shares of the company’s stock valued at $5,592,000 after buying an additional 218 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Company Profile

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.