Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Sets New 12-Month High – Here’s Why

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $102.80 and last traded at $102.76, with a volume of 81054 shares trading hands. The stock had previously closed at $97.02.

Avantis U.S. Small Cap Value ETF Price Performance

The stock has a market capitalization of $12.56 billion, a P/E ratio of 7.76 and a beta of 1.14. The firm has a 50-day simple moving average of $94.91 and a 200 day simple moving average of $92.94.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Prime Capital Investment Advisors LLC grew its stake in Avantis U.S. Small Cap Value ETF by 32,551.5% during the second quarter. Prime Capital Investment Advisors LLC now owns 1,048,441 shares of the company’s stock worth $94,066,000 after purchasing an additional 1,045,230 shares during the period. Evensky & Katz LLC grew its stake in Avantis U.S. Small Cap Value ETF by 2.9% during the third quarter. Evensky & Katz LLC now owns 977,236 shares of the company’s stock worth $93,766,000 after purchasing an additional 27,545 shares during the period. RVW Wealth LLC grew its stake in Avantis U.S. Small Cap Value ETF by 5.5% in the second quarter. RVW Wealth LLC now owns 278,007 shares of the company’s stock valued at $24,943,000 after acquiring an additional 14,558 shares during the period. Orrstown Financial Services Inc. grew its stake in Avantis U.S. Small Cap Value ETF by 996.5% in the third quarter. Orrstown Financial Services Inc. now owns 251,552 shares of the company’s stock valued at $24,136,000 after acquiring an additional 228,610 shares during the period. Finally, Morton Brown Family Wealth LLC grew its stake in Avantis U.S. Small Cap Value ETF by 18.3% in the third quarter. Morton Brown Family Wealth LLC now owns 177,435 shares of the company’s stock valued at $17,025,000 after acquiring an additional 27,398 shares during the period.

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.