Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Hits New 12-Month High – Should You Buy?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $125.36 and last traded at $125.11, with a volume of 315377 shares trading hands. The stock had previously closed at $124.76.

Avantis U.S. Small Cap Value ETF Stock Down 0.7%

The company has a market capitalization of $28.81 billion, a P/E ratio of 11.26 and a beta of 0.99. The company has a 50-day moving average of $120.79 and a two-hundred day moving average of $113.71.

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

A number of hedge funds have recently modified their holdings of AVUV. JPMorgan Chase & Co. boosted its position 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 worth $86,542,000 after purchasing an additional 392,866 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of Avantis U.S. Small Cap Value ETF in the 4th quarter worth approximately $25,624,000. Argent Advisors Inc. bought a new position in Avantis U.S. Small Cap Value ETF during the 1st quarter valued at approximately $12,998,000. Farther Finance Advisors LLC increased its position in Avantis U.S. Small Cap Value ETF by 33.4% during the 4th quarter. Farther Finance Advisors LLC now owns 444,918 shares of the company’s stock valued at $45,373,000 after buying an additional 111,342 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Avantis U.S. Small Cap Value ETF by 6.0% during the third quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock valued at $191,190,000 after buying an additional 109,161 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.