Avantis U.S. Equity ETF (NYSEARCA:AVUS) Hits New 52-Week High – Time to Buy?
by Scott Moore · The Cerbat GemAvantis U.S. Equity ETF (NYSEARCA:AVUS – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $121.55 and last traded at $121.30, with a volume of 37867 shares. The stock had previously closed at $121.17.
Avantis U.S. Equity ETF Price Performance
The company has a fifty day simple moving average of $114.90 and a 200-day simple moving average of $113.03. The company has a market cap of $12.08 billion, a P/E ratio of 20.35 and a beta of 1.00.
Institutional Investors Weigh In On Avantis U.S. Equity ETF
Hedge funds have recently made changes to their positions in the company. Godfrey Financial Associates Inc. acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at $29,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $29,000. EverSource Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the period. Monetary Solutions Ltd bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $39,000. Finally, Federation des caisses Desjardins du Quebec acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $39,000.
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.