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

Avantis U.S. Equity ETF (NYSEARCA:AVUSGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $128.66 and last traded at $128.31, with a volume of 71284 shares trading hands. The stock had previously closed at $126.75.

Avantis U.S. Equity ETF Stock Performance

The company has a market cap of $12.85 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The stock’s fifty day simple moving average is $122.43 and its two-hundred day simple moving average is $116.78.

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

Hedge funds have recently made changes to their positions in the business. CPC Advisors LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 1.4% in the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock valued at $54,550,000 after buying an additional 6,820 shares during the period. Leo Wealth LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 81.0% in the 4th quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock valued at $54,104,000 after buying an additional 216,502 shares during the period. Signature Resources Capital Management LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 5.6% in the 4th quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock valued at $30,361,000 after buying an additional 14,461 shares during the period. Tandemgrowth Financial Advisors LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $34,880,000. Finally, American Century Companies Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after buying an additional 96,975 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.

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