Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 12-Month High – Time to Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $120.59 and last traded at $120.51, with a volume of 1035200 shares. The stock had previously closed at $118.56.

Avantis U.S. Small Cap Value ETF Stock Performance

The firm has a market capitalization of $26.36 billion, a price-to-earnings ratio of 11.26 and a beta of 1.01. The company has a 50-day moving average price of $112.70 and a 200-day moving average price of $107.12.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 6.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock valued at $191,190,000 after purchasing an additional 109,161 shares during the last quarter. Evensky & Katz LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 1.1% in the 4th quarter. Evensky & Katz LLC now owns 1,224,966 shares of the company’s stock valued at $124,922,000 after purchasing an additional 13,251 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 86.2% in the 4th quarter. JPMorgan Chase & Co. now owns 848,616 shares of the company’s stock valued at $86,542,000 after purchasing an additional 392,866 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 33.4% in the 4th quarter. Farther Finance Advisors LLC now owns 444,918 shares of the company’s stock valued at $45,373,000 after purchasing an additional 111,342 shares during the last quarter. Finally, Orrstown Financial Services Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 0.7% in the 4th quarter. Orrstown Financial Services Inc. now owns 340,686 shares of the company’s stock valued at $34,743,000 after purchasing an additional 2,349 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.