(AVUS) Avantis U.S. Equity - Ratings and Ratios

Avantis U.S. Equity ETF (AVUS) is a diversified investment vehicle that targets a broad spectrum of U.S. companies across various market sectors and industry groups, without limiting itself to specific market capitalizations. This approach enables the fund to capture a wide range of market opportunities, potentially benefiting from the overall performance of the U.S. equity market.

The funds investment strategy is characterized by a commitment to allocating at least 80% of its assets to equity securities of U.S. companies under normal market conditions. Additionally, it may utilize derivative instruments such as futures contracts, currency forwards, and swap agreements to enhance its investment returns or manage risk. This flexibility in investment choices allows the fund to adapt to changing market conditions.

From a technical analysis perspective, AVUS has shown a positive trend, with its last price of $98.13 exceeding both its 20-day Simple Moving Average (SMA) of $96.48 and its 50-day SMA of $92.07, indicating a strong short-term and medium-term uptrend. The Average True Range (ATR) of 1.24, or 1.26%, suggests moderate volatility. Given the current technical setup, a potential forecast could involve a continued upward trajectory, with a possible target near the 52-week high of $101.40, provided the funds price maintains its position above key moving averages.

Fundamentally, AVUS boasts a substantial Assets Under Management (AUM) of $8,366.03 million USD, underscoring its attractiveness to investors and its capacity to efficiently allocate capital across the U.S. equity market. Combining this fundamental strength with the technical analysis, a forecast for AVUS could involve sustained growth, driven by its diversified portfolio and the overall health of the U.S. equity market, potentially reaching new highs in the near term.