Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Stake Increased by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC raised its stake in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 14.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,037 shares of the company’s stock after buying an additional 18,500 shares during the quarter. Avantis U.S. Small Cap Value ETF comprises 5.4% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 5th largest holding. Morton Brown Family Wealth LLC owned approximately 0.12% of Avantis U.S. Small Cap Value ETF worth $14,459,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Emprise Bank increased its holdings in Avantis U.S. Small Cap Value ETF by 14.4% during the 2nd quarter. Emprise Bank now owns 25,549 shares of the company’s stock worth $2,292,000 after acquiring an additional 3,208 shares during the period. Innealta Capital LLC bought a new stake in Avantis U.S. Small Cap Value ETF during the second quarter valued at $450,000. Evensky & Katz LLC grew its position in Avantis U.S. Small Cap Value ETF by 4.4% during the second quarter. Evensky & Katz LLC now owns 949,691 shares of the company’s stock worth $85,206,000 after buying an additional 39,915 shares in the last quarter. Independence Bank of Kentucky increased its stake in Avantis U.S. Small Cap Value ETF by 32.8% in the 2nd quarter. Independence Bank of Kentucky now owns 26,242 shares of the company’s stock worth $2,354,000 after acquiring an additional 6,483 shares during the last quarter. Finally, White Pine Investment CO raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 9.5% in the 2nd quarter. White Pine Investment CO now owns 55,357 shares of the company’s stock valued at $4,967,000 after acquiring an additional 4,787 shares in the last quarter.

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

Shares of NYSEARCA AVUV traded up $0.47 during midday trading on Friday, hitting $95.91. 464,704 shares of the company’s stock were exchanged, compared to its average volume of 709,014. Avantis U.S. Small Cap Value ETF has a 12-month low of $73.06 and a 12-month high of $101.57. The business’s fifty day moving average price is $92.94 and its two-hundred day moving average price is $91.21. The company has a market cap of $11.56 billion, a price-to-earnings ratio of 7.76 and a beta of 1.14.

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.