Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 1-Year High – What’s Next?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares hit a new 52-week high during trading on Monday . The stock traded as high as $111.24 and last traded at $110.5560, with a volume of 852920 shares changing hands. The stock had previously closed at $109.27.

Avantis U.S. Small Cap Value ETF Stock Performance

The company has a 50 day moving average of $105.62 and a two-hundred day moving average of $100.50. The stock has a market capitalization of $22.91 billion, a PE ratio of 11.26 and a beta of 1.09.

Hedge Funds Weigh In On Avantis U.S. Small Cap Value ETF

Hedge funds have recently modified their holdings of the stock. First Merchants Corp boosted its stake in Avantis U.S. Small Cap Value ETF by 22.3% in the 2nd quarter. First Merchants Corp now owns 137,353 shares of the company’s stock worth $12,513,000 after purchasing an additional 25,038 shares in the last quarter. Morton Brown Family Wealth LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.0% in the second quarter. Morton Brown Family Wealth LLC now owns 210,393 shares of the company’s stock worth $19,167,000 after buying an additional 2,006 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new position in shares of Avantis U.S. Small Cap Value ETF in the second quarter worth $61,000. Foster & Motley Inc. lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 18.0% during the second quarter. Foster & Motley Inc. now owns 77,027 shares of the company’s stock worth $7,017,000 after buying an additional 11,776 shares during the period. Finally, Financial Symmetry Inc grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 32.6% during the second quarter. Financial Symmetry Inc now owns 5,360 shares of the company’s stock valued at $488,000 after buying an additional 1,317 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Company Profile

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.