Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Trading Down 0.1% – What’s Next?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares dropped 0.1% on Monday . The stock traded as low as $96.90 and last traded at $97.10. Approximately 821,968 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 846,323 shares. The stock had previously closed at $97.24.

Avantis U.S. Small Cap Value ETF Stock Down 0.1 %

The firm has a market capitalization of $11.70 billion, a P/E ratio of 7.76 and a beta of 1.14. The stock has a fifty day moving average of $100.53 and a 200-day moving average of $96.12.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC increased its position in shares of Avantis U.S. Small Cap Value ETF by 32,551.5% in the second quarter. Prime Capital Investment Advisors LLC now owns 1,048,441 shares of the company’s stock worth $94,066,000 after purchasing an additional 1,045,230 shares during the period. Evensky & Katz LLC boosted its stake in Avantis U.S. Small Cap Value ETF by 2.9% during the 3rd quarter. Evensky & Katz LLC now owns 977,236 shares of the company’s stock valued at $93,766,000 after purchasing an additional 27,545 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF in the 3rd quarter worth approximately $51,568,000. Orrstown Financial Services Inc. increased its stake in shares of Avantis U.S. Small Cap Value ETF by 996.5% during the 3rd quarter. Orrstown Financial Services Inc. now owns 251,552 shares of the company’s stock worth $24,136,000 after purchasing an additional 228,610 shares during the last quarter. Finally, Morton Brown Family Wealth LLC increased its stake in shares of Avantis U.S. Small Cap Value ETF by 18.3% in the third quarter. Morton Brown Family Wealth LLC now owns 177,435 shares of the company’s stock worth $17,025,000 after purchasing an additional 27,398 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.