Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 52-Week High – Here’s Why

Avantis U.S. Equity ETF (NYSEARCA:AVUS) shares reached a new 52-week high on Friday . The stock traded as high as $95.85 and last traded at $95.79, with a volume of 14688 shares traded. The stock had previously closed at $95.47.

Avantis U.S. Equity ETF Stock Up 1.0 %

The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The firm’s 50 day moving average is $92.52 and its two-hundred day moving average is $90.44.

Institutional Investors Weigh In On Avantis U.S. Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVUS. Ausdal Financial Partners Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 198.8% during the third quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock valued at $7,440,000 after buying an additional 52,021 shares during the last quarter. JRM Investment Counsel LLC boosted its position in Avantis U.S. Equity ETF by 888.5% during the 4th quarter. JRM Investment Counsel LLC now owns 419,281 shares of the company’s stock worth $34,192,000 after acquiring an additional 376,863 shares during the period. Brookstone Capital Management acquired a new position in Avantis U.S. Equity ETF during the 2nd quarter worth $231,000. Vicus Capital boosted its position in Avantis U.S. Equity ETF by 6.2% during the 1st quarter. Vicus Capital now owns 20,334 shares of the company’s stock worth $1,820,000 after acquiring an additional 1,191 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the 4th quarter worth $753,000.

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.