Redmont Wealth Advisors LLC Makes New Investment in Avantis U.S. Small Cap Value ETF $AVUV

Redmont Wealth Advisors LLC bought a new stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 11,129 shares of the company’s stock, valued at approximately $1,108,000. Avantis U.S. Small Cap Value ETF makes up 1.5% of Redmont Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other institutional investors also recently modified their holdings of AVUV. First Horizon Corp bought a new position in shares of Avantis U.S. Small Cap Value ETF in the third quarter worth about $899,000. Bare Financial Services Inc increased its position in Avantis U.S. Small Cap Value ETF by 13.3% during the 2nd quarter. Bare Financial Services Inc now owns 270,697 shares of the company’s stock worth $24,660,000 after purchasing an additional 31,835 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 216.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock valued at $33,201,000 after purchasing an additional 228,273 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Avantis U.S. Small Cap Value ETF in the second quarter valued at approximately $1,344,000. Finally, CoreFirst Bank & Trust boosted its position in Avantis U.S. Small Cap Value ETF by 11.4% in the second quarter. CoreFirst Bank & Trust now owns 59,036 shares of the company’s stock valued at $5,378,000 after buying an additional 6,030 shares in the last quarter.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of NYSEARCA:AVUV opened at $115.18 on Thursday. Avantis U.S. Small Cap Value ETF has a 52-week low of $74.00 and a 52-week high of $116.56. The company has a market capitalization of $23.32 billion, a PE ratio of 11.26 and a beta of 1.09. The company has a fifty day moving average of $108.05 and a 200-day moving average of $101.93.

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.