Avantis U.S. Equity ETF (NYSEARCA:AVUS) Reaches New 1-Year High – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $126.25 and last traded at $126.24, with a volume of 179277 shares changing hands. The stock had previously closed at $125.19.

Avantis U.S. Equity ETF Stock Up 0.5%

The stock has a market capitalization of $12.56 billion, a P/E ratio of 20.35 and a beta of 0.99. The business has a fifty day moving average price of $117.81 and a 200-day moving average price of $114.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. CPC Advisors LLC increased its position in Avantis U.S. Equity ETF by 1.4% during the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock valued at $54,550,000 after acquiring an additional 6,820 shares during the last quarter. Leo Wealth LLC increased its position in Avantis U.S. Equity ETF by 81.0% during the fourth quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock valued at $54,104,000 after acquiring an additional 216,502 shares during the last quarter. Signature Resources Capital Management LLC increased its position in Avantis U.S. Equity ETF by 5.6% during the fourth quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock valued at $30,361,000 after acquiring an additional 14,461 shares during the last quarter. American Century Companies Inc. increased its position in Avantis U.S. Equity ETF by 2.8% during the third quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after acquiring an additional 96,975 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in Avantis U.S. Equity ETF by 64.7% during the third quarter. Jones Financial Companies Lllp now owns 34,347 shares of the company’s stock valued at $3,723,000 after acquiring an additional 13,491 shares during the last quarter.

Avantis U.S. Equity ETF Company Profile

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.