Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sees Large Volume Increase

Avantis U.S. Equity ETF (NYSEARCA:AVUS) shares saw an uptick in trading volume on Monday . 619,157 shares changed hands during mid-day trading, an increase of 125% from the previous session’s volume of 275,131 shares.The stock last traded at $84.75 and had previously closed at $84.59.

Avantis U.S. Equity ETF Trading Up 1.2 %

The company has a market cap of $6.29 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. The business has a fifty day moving average price of $86.88 and a two-hundred day moving average price of $81.21.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Able Wealth Management LLC acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth $44,000. Spire Wealth Management bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $75,000. Principal Securities Inc. acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at about $95,000. Lindbrook Capital LLC bought a new position in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at approximately $88,000. Finally, Clarity Asset Management Inc. acquired a new stake in Avantis U.S. Equity ETF in the 4th quarter worth approximately $134,000.

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.