Investment Research & Advisory Group Inc. Purchases New Stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Investment Research & Advisory Group Inc. acquired a new position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,521 shares of the company’s stock, valued at approximately $146,000.

Several other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. increased its stake in shares of Avantis U.S. Small Cap Value ETF by 97.6% in the 3rd quarter. NBC Securities Inc. now owns 324 shares of the company’s stock valued at $31,000 after purchasing an additional 160 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Avantis U.S. Small Cap Value ETF by 111.2% in the first quarter. Sunbelt Securities Inc. now owns 435 shares of the company’s stock valued at $41,000 after buying an additional 229 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Avantis U.S. Small Cap Value ETF in the second quarter valued at about $44,000. IAG Wealth Partners LLC acquired a new position in Avantis U.S. Small Cap Value ETF during the second quarter worth about $53,000. Finally, ICA Group Wealth Management LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 45.9% in the second quarter. ICA Group Wealth Management LLC now owns 820 shares of the company’s stock worth $74,000 after acquiring an additional 258 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Trading Up 0.4 %

AVUV opened at $95.42 on Friday. The company’s 50 day moving average is $94.60 and its 200-day moving average is $92.50. The company has a market cap of $11.50 billion, a P/E ratio of 7.76 and a beta of 1.14. Avantis U.S. Small Cap Value ETF has a 1-year low of $73.06 and a 1-year high of $101.57.

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.