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

Avantis U.S. Equity ETF (NYSEARCA:AVUS) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $110.24 and last traded at $110.29, with a volume of 17430 shares trading hands. The stock had previously closed at $109.16.

Avantis U.S. Equity ETF Stock Up 0.8%

The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 20.35 and a beta of 1.05. The stock’s fifty day moving average is $107.54 and its 200-day moving average is $100.90.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Assetmark Inc. acquired a new position in Avantis U.S. Equity ETF during the first quarter valued at approximately $25,000. Harbor Asset Planning Inc. acquired a new position in Avantis U.S. Equity ETF during the second quarter valued at approximately $29,000. Iron Horse Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter valued at approximately $27,000. EverSource Wealth Advisors LLC grew its holdings 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 valued at $36,000 after purchasing an additional 208 shares during the period. Finally, Trust Co. of Vermont acquired a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $51,000.

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.