Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $121.93 and traded as high as $122.96. Avantis U.S. Small Cap Value ETF shares last traded at $122.51, with a volume of 1,076,725 shares traded.

Avantis U.S. Small Cap Value ETF Price Performance

The stock’s 50 day simple moving average is $121.93 and its two-hundred day simple moving average is $119.30. The stock has a market capitalization of $32.30 billion, a PE ratio of 11.37 and a beta of 1.04.

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

Several institutional investors have recently bought and sold shares of AVUV. Farther Finance Advisors LLC increased its position in Avantis U.S. Small Cap Value ETF by 8.0% in the third quarter. Farther Finance Advisors LLC now owns 679,855 shares of the company’s stock worth $80,067,000 after buying an additional 50,088 shares during the last quarter. Red Lighthouse Investment Management LLC lifted its position in shares of Avantis U.S. Small Cap Value ETF by 2.7% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 338,462 shares of the company’s stock valued at $42,227,000 after buying an additional 8,762 shares during the last quarter. Morton Brown Family Wealth LLC lifted its position in shares of Avantis U.S. Small Cap Value ETF by 1.7% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 250,971 shares of the company’s stock valued at $29,557,000 after buying an additional 4,109 shares during the last quarter. Zhang Financial LLC grew its stake in shares of Avantis U.S. Small Cap Value ETF by 8.5% during the 1st quarter. Zhang Financial LLC now owns 178,134 shares of the company’s stock worth $19,679,000 after acquiring an additional 14,001 shares during the period. Finally, Prism Advisors Inc. bought a new position in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter worth $17,217,000.

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.