Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Stock Price Up 0.6% – Here’s What Happened

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) traded up 0.6% on Monday. The stock traded as high as $121.25 and last traded at $120.73. Approximately 1,437,626 shares were traded during mid-day trading, an increase of 19% from the average session volume of 1,212,143 shares. The stock had previously closed at $120.03.

Avantis U.S. Small Cap Value ETF Stock Up 0.6%

The firm has a market capitalization of $31.09 billion, a price-to-earnings ratio of 11.26 and a beta of 1.02. The business has a 50-day moving average of $124.54 and a two-hundred day moving average of $121.05.

Institutional Trading of Avantis U.S. Small Cap Value ETF

A number of hedge funds have recently modified their holdings of AVUV. Red Lighthouse Investment Management LLC increased its position in shares of Avantis U.S. Small Cap Value ETF by 2.7% during the second quarter. Red Lighthouse Investment Management LLC now owns 338,462 shares of the company’s stock valued at $42,227,000 after purchasing an additional 8,762 shares during the period. Venturi Wealth Management LLC lifted its position in Avantis U.S. Small Cap Value ETF by 11.9% in the first quarter. Venturi Wealth Management LLC now owns 307,061 shares of the company’s stock worth $33,921,000 after purchasing an additional 32,748 shares during the period. Morton Brown Family Wealth LLC boosted its stake in Avantis U.S. Small Cap Value ETF by 3.1% during the first quarter. Morton Brown Family Wealth LLC now owns 232,530 shares of the company’s stock worth $25,688,000 after buying an additional 7,081 shares in the last quarter. WJ Interests LLC increased its holdings in Avantis U.S. Small Cap Value ETF by 5.4% in the 1st quarter. WJ Interests LLC now owns 210,747 shares of the company’s stock valued at $23,281,000 after buying an additional 10,762 shares during the period. Finally, First Merchants Corp raised its stake in shares of Avantis U.S. Small Cap Value ETF by 7.6% in the 1st quarter. First Merchants Corp now owns 188,387 shares of the company’s stock valued at $20,811,000 after buying an additional 13,310 shares in the last quarter.

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.