Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 244 shares, a decrease of 86.7% from the May 31st total of 1,839 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 947 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. lifted its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Free Report) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,717 shares of the company’s stock after acquiring an additional 337 shares during the period. Geneos Wealth Management Inc. owned approximately 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent SEC filing.
Avantis Inflation Focused Equity ETF Trading Up 0.9%
Shares of Avantis Inflation Focused Equity ETF stock traded up $0.65 during trading hours on Friday, reaching $74.70. The stock had a trading volume of 842 shares, compared to its average volume of 1,233. The firm has a market capitalization of $7.47 million, a price-to-earnings ratio of 17.76 and a beta of 0.50. Avantis Inflation Focused Equity ETF has a 1 year low of $59.21 and a 1 year high of $75.20. The firm has a 50 day simple moving average of $73.70 and a two-hundred day simple moving average of $71.41.
Avantis Inflation Focused Equity ETF Company Profile
The Avantis Inflation Focused Equity ETF (AVIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund of US companies involved in sectors or industries that tend to outperform during periods of inflation. AVIE was launched on Sep 27, 2022 and is managed by American Century Investments.
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