Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 1-Year High – Time to Buy?
by Doug Wharley · The Cerbat GemAvantis U.S. Small Cap Value ETF (NYSEARCA:AVUV – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $106.76 and last traded at $106.6610, with a volume of 451467 shares traded. The stock had previously closed at $105.17.
Avantis U.S. Small Cap Value ETF Stock Up 1.8%
The firm has a 50 day simple moving average of $101.06 and a two-hundred day simple moving average of $98.31. The stock has a market capitalization of $21.03 billion, a P/E ratio of 11.26 and a beta of 1.09.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New Hampshire bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at approximately $30,000. Hollencrest Capital Management bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the third quarter worth $34,000. SBI Securities Co. Ltd. acquired a new position in shares of Avantis U.S. Small Cap Value ETF during the third quarter worth $47,000. Rosenberg Matthew Hamilton bought a new position in shares of Avantis U.S. Small Cap Value ETF in the 2nd quarter valued at $61,000. Finally, Trust Co. of Vermont lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 95.9% in the 2nd quarter. Trust Co. of Vermont now owns 917 shares of the company’s stock valued at $84,000 after acquiring an additional 449 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.