Avantis U.S. Equity ETF (NYSEARCA:AVUS) Reaches New 52-Week High at $94.58

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $94.58 and last traded at $94.27, with a volume of 193587 shares changing hands. The stock had previously closed at $93.45.

Avantis U.S. Equity ETF Stock Performance

The stock’s 50-day moving average is $91.50 and its 200 day moving average is $89.53. The stock has a market capitalization of $6.73 billion, a PE ratio of 17.22 and a beta of 1.00.

Institutional Trading of Avantis U.S. Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in Avantis U.S. Equity ETF by 11,264.4% during the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after buying an additional 14,190,276 shares during the period. American Century Companies Inc. raised its position in Avantis U.S. Equity ETF by 5.8% in the 2nd quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock valued at $263,717,000 after purchasing an additional 159,134 shares during the last quarter. Annex Advisory Services LLC raised its position in Avantis U.S. Equity ETF by 4.8% in the 2nd quarter. Annex Advisory Services LLC now owns 2,714,281 shares of the company’s stock valued at $244,801,000 after purchasing an additional 125,092 shares during the last quarter. Allworth Financial LP boosted its stake in Avantis U.S. Equity ETF by 1.8% during the 1st quarter. Allworth Financial LP now owns 2,246,289 shares of the company’s stock worth $201,043,000 after purchasing an additional 39,372 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Avantis U.S. Equity ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after purchasing an additional 104,125 shares during the last quarter.

About Avantis U.S. Equity ETF

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.