Redmont Wealth Advisors LLC Takes $1.11 Million Position in Avantis U.S. Small Cap Value ETF $AVUV

Redmont Wealth Advisors LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 11,129 shares of the company’s stock, valued at approximately $1,108,000. Avantis U.S. Small Cap Value ETF makes up 1.5% of Redmont Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in AVUV. Bank of New Hampshire bought a new position in shares of Avantis U.S. Small Cap Value ETF during the third quarter valued at $30,000. Hollencrest Capital Management acquired a new stake in Avantis U.S. Small Cap Value ETF in the third quarter valued at $34,000. SBI Securities Co. Ltd. acquired a new stake in Avantis U.S. Small Cap Value ETF in the third quarter valued at $47,000. North Star Asset Management Inc. bought a new position in Avantis U.S. Small Cap Value ETF during the 2nd quarter worth $203,000. Finally, Cary Street Partners Financial LLC acquired a new position in Avantis U.S. Small Cap Value ETF during the 2nd quarter worth about $205,000.

Avantis U.S. Small Cap Value ETF Trading Up 0.5%

NYSEARCA AVUV opened at $115.18 on Thursday. The firm has a market capitalization of $23.32 billion, a PE ratio of 11.26 and a beta of 1.09. The business’s 50-day moving average price is $108.05 and its two-hundred day moving average price is $101.93. Avantis U.S. Small Cap Value ETF has a 12 month low of $74.00 and a 12 month high of $116.56.

Avantis U.S. Small Cap Value ETF 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.