Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 52-Week High – Time to Buy?

Avantis U.S. Equity ETF (NYSEARCA:AVUSGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $124.87 and last traded at $124.73, with a volume of 10904 shares changing hands. The stock had previously closed at $124.64.

Avantis U.S. Equity ETF Trading Down 0.3%

The company has a market capitalization of $12.44 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The firm’s 50 day simple moving average is $116.19 and its 200-day simple moving average is $114.09.

Hedge Funds Weigh In On Avantis U.S. Equity ETF

Several institutional investors have recently bought and sold shares of AVUS. CPC Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.4% during the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after purchasing an additional 6,820 shares during the period. Great Point Wealth Advisors LLC acquired a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth $122,327,000. Leo Wealth LLC grew its stake in shares of Avantis U.S. Equity ETF by 81.0% during the 4th quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock worth $54,104,000 after purchasing an additional 216,502 shares during the period. Fonville Wealth Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 5.4% during the 3rd quarter. Fonville Wealth Management LLC now owns 122,088 shares of the company’s stock worth $13,271,000 after purchasing an additional 6,239 shares during the period. Finally, Signature Resources Capital Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 5.6% during the 4th quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock worth $30,361,000 after purchasing an additional 14,461 shares during the period.

About Avantis U.S. Equity ETF

(Get Free Report)

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.

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