Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 52-Week High – Time to Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $121.30 and last traded at $121.25, with a volume of 85939 shares changing hands. The stock had previously closed at $120.03.

Avantis U.S. Small Cap Value ETF Stock Up 0.9%

The company has a market capitalization of $26.57 billion, a price-to-earnings ratio of 11.26 and a beta of 1.01. The stock’s fifty day moving average price is $114.91 and its 200-day moving average price is $109.30.

Institutional Trading of Avantis U.S. Small Cap Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Baldwin Investment Management LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 4.8% in the fourth quarter. Baldwin Investment Management LLC now owns 2,750 shares of the company’s stock valued at $280,000 after purchasing an additional 125 shares during the last quarter. CGC Financial Services LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.8% in the fourth quarter. CGC Financial Services LLC now owns 16,678 shares of the company’s stock valued at $1,701,000 after purchasing an additional 132 shares during the last quarter. Transcendent Capital Group LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.0% in the fourth quarter. Transcendent Capital Group LLC now owns 13,968 shares of the company’s stock valued at $1,424,000 after purchasing an additional 135 shares during the last quarter. Meadow Creek Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.6% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 24,233 shares of the company’s stock valued at $2,677,000 after purchasing an additional 141 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.9% in the third quarter. IFP Advisors Inc now owns 7,980 shares of the company’s stock valued at $794,000 after purchasing an additional 149 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.