Avantis U.S. Equity ETF (NYSEARCA:AVUS) Hits New 1-Year High – What’s Next?

Avantis U.S. Equity ETF (NYSEARCA:AVUSGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $132.40 and last traded at $132.31, with a volume of 14818 shares. The stock had previously closed at $131.54.

Avantis U.S. Equity ETF Stock Performance

The firm has a market capitalization of $14.55 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock has a fifty day moving average price of $127.88 and a two-hundred day moving average price of $121.57.

Hedge Funds Weigh In On Avantis U.S. Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Align Financial LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth $4,024,752,000. HB Wealth Management LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 9.4% in the 1st quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock valued at $638,692,000 after buying an additional 495,876 shares during the period. Maseco LLP acquired a new position in shares of Avantis U.S. Equity ETF in the 1st quarter valued at about $259,864,000. Annex Advisory Services LLC grew its position in shares of Avantis U.S. Equity ETF by 5.0% during the 2nd quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock valued at $259,408,000 after buying an additional 96,288 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in Avantis U.S. Equity ETF by 2.7% during the fourth quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock worth $221,280,000 after acquiring an additional 52,018 shares during the period.

About Avantis U.S. Equity ETF

(Get Free Report)

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.

Further Reading

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