Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 12-Month High – Should You Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $125.73 and last traded at $125.60, with a volume of 274916 shares trading hands. The stock had previously closed at $124.67.

Avantis U.S. Small Cap Value ETF Trading Up 1.4%

The company’s 50 day moving average is $121.56 and its 200 day moving average is $114.96. The company has a market cap of $29.75 billion, a PE ratio of 11.26 and a beta of 0.99.

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

Several institutional investors and hedge funds have recently modified their holdings of AVUV. Baldwin Investment Management LLC grew its position in shares of Avantis U.S. Small Cap Value ETF by 4.8% during the 4th quarter. Baldwin Investment Management LLC now owns 2,750 shares of the company’s stock worth $280,000 after buying an additional 125 shares in the last quarter. CGC Financial Services LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.8% in the fourth quarter. CGC Financial Services LLC now owns 16,678 shares of the company’s stock valued at $1,701,000 after acquiring an additional 132 shares in the last quarter. Transcendent Capital Group LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.0% in the fourth quarter. Transcendent Capital Group LLC now owns 13,968 shares of the company’s stock valued at $1,424,000 after acquiring an additional 135 shares in the last quarter. Meadow Creek Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.6% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 24,233 shares of the company’s stock valued at $2,677,000 after acquiring an additional 141 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in Avantis U.S. Small Cap Value ETF by 1.9% in the third quarter. IFP Advisors Inc now owns 7,980 shares of the company’s stock worth $794,000 after acquiring an additional 149 shares during the period.

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.