Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Sets New 52-Week High – Here’s Why

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares hit a new 52-week high on Tuesday . The company traded as high as $121.30 and last traded at $121.25, with a volume of 85939 shares changing hands. The stock had previously closed at $120.03.

Avantis U.S. Small Cap Value ETF Price Performance

The stock’s 50 day simple moving average is $114.91 and its two-hundred day simple moving average is $109.30. The stock has a market cap of $26.57 billion, a P/E ratio of 11.26 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. McIlrath & Eck LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 1.2% in the first quarter. McIlrath & Eck LLC now owns 129,770 shares of the company’s stock valued at $14,336,000 after buying an additional 1,600 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Avantis U.S. Small Cap Value ETF by 40.1% in the first quarter. Arkadios Wealth Advisors now owns 15,103 shares of the company’s stock valued at $1,668,000 after buying an additional 4,326 shares in the last quarter. Wilkerson Advisory Group LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 1.9% in the first quarter. Wilkerson Advisory Group LLC now owns 78,307 shares of the company’s stock valued at $8,651,000 after buying an additional 1,455 shares in the last quarter. Parallel Advisors LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 104.3% in the first quarter. Parallel Advisors LLC now owns 9,371 shares of the company’s stock valued at $1,035,000 after buying an additional 4,785 shares in the last quarter. Finally, IMA Advisory Services Inc. lifted its stake in Avantis U.S. Small Cap Value ETF by 3.6% in the first quarter. IMA Advisory Services Inc. now owns 37,408 shares of the company’s stock valued at $4,133,000 after buying an additional 1,300 shares in the last quarter.

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.