Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 52-Week High at $91.03

Avantis U.S. Equity ETF (NYSEARCA:AVUS) hit a new 52-week high during trading on Friday . The company traded as high as $91.03 and last traded at $90.99, with a volume of 42285 shares trading hands. The stock had previously closed at $90.32.

Avantis U.S. Equity ETF Trading Down 0.1 %

The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The stock’s 50 day moving average is $88.53 and its 200 day moving average is $85.78.

Institutional Investors Weigh In On Avantis U.S. Equity ETF

Several hedge funds have recently modified their holdings of the company. Able Wealth Management LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth approximately $44,000. Spire Wealth Management purchased a new position in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $75,000. Principal Securities Inc. purchased a new position in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $95,000. LRI Investments LLC purchased a new position in Avantis U.S. Equity ETF in the first quarter valued at approximately $135,000. Finally, Clarity Asset Management Inc. purchased a new position in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $134,000.

About Avantis U.S. Equity ETF

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.