First Horizon Advisors Inc. Makes New Investment in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

First Horizon Advisors Inc. purchased a new position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,800 shares of the company’s stock, valued at approximately $174,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the 4th quarter valued at about $61,000. First PREMIER Bank grew its position in Avantis U.S. Small Cap Value ETF by 11.9% during the fourth quarter. First PREMIER Bank now owns 2,083 shares of the company’s stock valued at $201,000 after acquiring an additional 221 shares during the last quarter. Anchor Investment Management LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the third quarter worth approximately $292,000. Pinnacle Bancorp Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 226.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 4,961 shares of the company’s stock worth $479,000 after acquiring an additional 3,439 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 3.1% in the 3rd quarter. Private Trust Co. NA now owns 5,292 shares of the company’s stock worth $508,000 after acquiring an additional 160 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Stock Performance

AVUV stock opened at $93.23 on Wednesday. The firm has a market cap of $11.24 billion, a P/E ratio of 7.76 and a beta of 1.14. The firm’s fifty day moving average is $97.31 and its 200 day moving average is $97.38. Avantis U.S. Small Cap Value ETF has a 52 week low of $86.37 and a 52 week high of $107.64.

About Avantis U.S. Small Cap Value ETF

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.