Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 786 shares, a growth of 90.3% from the July 15th total of 413 shares. Based on an average daily volume of 1,297 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the company’s stock are sold short.
Avantis Inflation Focused Equity ETF Trading Up 0.5%
NYSEARCA:AVIE traded up $0.39 on Friday, reaching $79.50. 469 shares of the stock traded hands, compared to its average volume of 1,253. The company has a market capitalization of $12.72 million, a price-to-earnings ratio of 17.76 and a beta of 0.48. Avantis Inflation Focused Equity ETF has a 12 month low of $60.87 and a 12 month high of $79.50. The company’s fifty day simple moving average is $76.02 and its 200 day simple moving average is $73.93.
Hedge Funds Weigh In On Avantis Inflation Focused Equity ETF
An institutional investor recently raised its position in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. increased its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Free Report) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,717 shares of the company’s stock after buying an additional 337 shares during the quarter. Geneos Wealth Management Inc. owned 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 at the end of the most recent reporting period.
Avantis Inflation Focused Equity ETF Company Profile
The Avantis Inflation Focused Equity ETF (AVIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund of US companies involved in sectors or industries that tend to outperform during periods of inflation. AVIE was launched on Sep 27, 2022 and is managed by American Century Investments.
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