Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 1-Year High – Time to Buy?

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $117.42 and last traded at $116.9140, with a volume of 332529 shares changing hands. The stock had previously closed at $114.82.

Avantis U.S. Equity ETF Price Performance

The stock has a market cap of $11.20 billion, a P/E ratio of 20.35 and a beta of 1.02. The stock’s 50-day moving average is $113.90 and its two-hundred day moving average is $109.78.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Harbor Asset Planning Inc. bought a new stake in shares of Avantis U.S. Equity ETF in the second quarter worth about $29,000. Godfrey Financial Associates Inc. bought a new stake in Avantis U.S. Equity ETF in the 4th quarter worth approximately $29,000. EverSource Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Avantis U.S. Equity ETF by 151.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after acquiring an additional 237 shares during the last quarter. Finally, Promus Capital LLC bought a new position in shares of Avantis U.S. Equity ETF during the 2nd quarter valued at approximately $48,000.

Avantis U.S. Equity ETF Company Profile

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.