Avantis U.S. Equity ETF (NYSEARCA:AVUS) Reaches New 12-Month High – Here’s What Happened

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $128.91 and last traded at $128.91, with a volume of 60938 shares trading hands. The stock had previously closed at $127.60.

Avantis U.S. Equity ETF Price Performance

The stock’s 50 day moving average price is $127.08 and its two-hundred day moving average price is $120.46. The firm has a market capitalization of $14.16 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AVUS. Brighton Jones LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $670,000. EverSource Wealth Advisors LLC lifted its position in shares of Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Avantis U.S. Equity ETF by 140.4% during the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock worth $1,557,000 after purchasing an additional 9,022 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in Avantis U.S. Equity ETF during the 2nd quarter valued at approximately $1,901,000.

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.