Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 52-Week High – Here’s Why

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $125.20 and last traded at $124.90, with a volume of 160091 shares traded. The stock had previously closed at $124.38.

Avantis U.S. Small Cap Value ETF Trading Down 0.3%

The company’s 50 day moving average is $118.46 and its 200 day moving average is $111.68. The stock has a market capitalization of $27.21 billion, a price-to-earnings ratio of 11.26 and a beta of 1.00.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of AVUV. Ameriprise Financial Inc. grew its position in Avantis U.S. Small Cap Value ETF by 6.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock worth $191,190,000 after purchasing an additional 109,161 shares during the last quarter. Evensky & Katz LLC grew its position in Avantis U.S. Small Cap Value ETF by 1.1% during the 4th quarter. Evensky & Katz LLC now owns 1,224,966 shares of the company’s stock worth $124,922,000 after purchasing an additional 13,251 shares during the last quarter. JPMorgan Chase & Co. grew its position in Avantis U.S. Small Cap Value ETF by 86.2% during the 4th quarter. JPMorgan Chase & Co. now owns 848,616 shares of the company’s stock worth $86,542,000 after purchasing an additional 392,866 shares during the last quarter. Farther Finance Advisors LLC grew its position in Avantis U.S. Small Cap Value ETF by 33.4% during the 4th quarter. Farther Finance Advisors LLC now owns 444,918 shares of the company’s stock worth $45,373,000 after purchasing an additional 111,342 shares during the last quarter. Finally, Orrstown Financial Services Inc. grew its position in Avantis U.S. Small Cap Value ETF by 0.7% during the 4th quarter. Orrstown Financial Services Inc. now owns 340,686 shares of the company’s stock worth $34,743,000 after purchasing an additional 2,349 shares during the last quarter.

About Avantis U.S. Small Cap Value ETF

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.