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 hit a new 52-week high during trading on Wednesday . The company traded as high as $102.80 and last traded at $102.76, with a volume of 81054 shares changing hands. The stock had previously closed at $97.02.

Avantis U.S. Small Cap Value ETF Stock Up 7.4 %

The stock has a 50 day simple moving average of $94.91 and a 200 day simple moving average of $92.94. The stock has a market cap of $12.56 billion, a price-to-earnings ratio of 7.76 and a beta of 1.14.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Heritage Wealth Management Inc. bought a new stake in Avantis U.S. Small Cap Value ETF during the second quarter worth $2,462,000. Parallel Advisors LLC lifted its holdings in Avantis U.S. Small Cap Value ETF by 22.0% during the second quarter. Parallel Advisors LLC now owns 8,554 shares of the company’s stock worth $767,000 after acquiring an additional 1,540 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in Avantis U.S. Small Cap Value ETF by 30.3% during the third quarter. Pinnacle Bancorp Inc. now owns 1,522 shares of the company’s stock worth $146,000 after acquiring an additional 354 shares during the period. Bull Oak Capital LLC bought a new stake in Avantis U.S. Small Cap Value ETF during the third quarter worth $11,869,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Avantis U.S. Small Cap Value ETF by 13.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 16,877 shares of the company’s stock worth $1,619,000 after acquiring an additional 1,978 shares during the period.

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.