Avantis U.S. Equity ETF (NYSEARCA:AVUS) Reaches New 12-Month High – Still a Buy?

Avantis U.S. Equity ETF (NYSEARCA:AVUSGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $132.40 and last traded at $132.31, with a volume of 14818 shares. The stock had previously closed at $131.54.

Avantis U.S. Equity ETF Trading Up 0.6%

The stock has a 50-day simple moving average of $127.66 and a 200 day simple moving average of $121.37. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

Institutional Trading of Avantis U.S. Equity ETF

Several institutional investors have recently made changes to their positions in the stock. Align Financial LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $4,024,752,000. Maseco LLP acquired a new position in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $259,864,000. Financial Plan Inc. bought a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at approximately $149,298,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis U.S. Equity ETF by 145.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after acquiring an additional 1,036,918 shares in the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Avantis U.S. Equity ETF by 9.4% in the 1st quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock worth $638,692,000 after purchasing an additional 495,876 shares during the last quarter.

About Avantis U.S. Equity ETF

(Get Free Report)

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.

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