Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Shares Cross Above 50 Day Moving Average – Time to Sell?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $121.93 and traded as high as $122.96. Avantis U.S. Small Cap Value ETF shares last traded at $122.51, with a volume of 1,076,725 shares changing hands.

Avantis U.S. Small Cap Value ETF Price Performance

The stock has a market cap of $32.30 billion, a PE ratio of 11.37 and a beta of 1.04. The firm’s 50 day moving average price is $121.93 and its two-hundred day moving average price is $119.30.

Institutional Trading of Avantis U.S. Small Cap Value ETF

A number of institutional investors have recently modified their holdings of AVUV. Prism Advisors Inc. bought a new position in Avantis U.S. Small Cap Value ETF in the 3rd quarter worth approximately $17,217,000. Foster & Motley Inc. purchased a new position in Avantis U.S. Small Cap Value ETF in the 2nd quarter valued at approximately $11,796,000. Farther Finance Advisors LLC grew its stake in Avantis U.S. Small Cap Value ETF by 8.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 679,855 shares of the company’s stock valued at $80,067,000 after buying an additional 50,088 shares in the last quarter. Thoroughbred Financial Services LLC bought a new stake in Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at $5,817,000. Finally, First Nebraska Trust Co bought a new stake in Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at $5,278,000.

About Avantis U.S. Small Cap Value ETF

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.