Root Financial Partners LLC Makes New Investment in Avantis U.S. Small Cap Value ETF $AVUV

Root Financial Partners LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,154 shares of the company’s stock, valued at approximately $489,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. boosted its holdings in Avantis U.S. Small Cap Value ETF by 2,442.9% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,145 shares of the company’s stock valued at $488,000 after acquiring an additional 3,982 shares during the period. McCarley & Cook Financial Planners grew its position in Avantis U.S. Small Cap Value ETF by 4.4% in the 3rd quarter. McCarley & Cook Financial Planners now owns 39,768 shares of the company’s stock valued at $4,683,000 after acquiring an additional 1,671 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in Avantis U.S. Small Cap Value ETF by 7.0% during the third quarter. Pinnacle Bancorp Inc. now owns 4,378 shares of the company’s stock worth $516,000 after purchasing an additional 285 shares during the period. Wavvest Wealth LLC purchased a new stake in Avantis U.S. Small Cap Value ETF during the third quarter worth about $999,000. Finally, Newman Dignan & Sheerar Inc. purchased a new stake in Avantis U.S. Small Cap Value ETF during the third quarter worth about $374,000.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of AVUV opened at $122.06 on Friday. The stock has a market capitalization of $31.70 billion, a PE ratio of 11.26 and a beta of 1.02. Avantis U.S. Small Cap Value ETF has a 1 year low of $93.87 and a 1 year high of $129.05. The company’s 50-day simple moving average is $122.71 and its 200-day simple moving average is $122.05.

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.