Avantis U.S. Small Cap Value ETF $AVUV Stake Lifted by Parallel Advisors LLC

Parallel Advisors LLC lifted its stake in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 104.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,371 shares of the company’s stock after acquiring an additional 4,785 shares during the quarter. Parallel Advisors LLC’s holdings in Avantis U.S. Small Cap Value ETF were worth $1,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its position in Avantis U.S. Small Cap Value ETF by 565.7% in the first quarter. Sound Income Strategies LLC now owns 233 shares of the company’s stock worth $26,000 after purchasing an additional 198 shares during the period. Cornerstone Planning Group LLC increased its position in shares of Avantis U.S. Small Cap Value ETF by 1,992.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 272 shares of the company’s stock valued at $33,000 after purchasing an additional 259 shares during the period. Rogco LP acquired a new position in shares of Avantis U.S. Small Cap Value ETF during the 4th quarter valued at $31,000. Basepoint Wealth LLC bought a new stake in shares of Avantis U.S. Small Cap Value ETF in the 4th quarter worth $31,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Avantis U.S. Small Cap Value ETF in the 4th quarter worth $43,000.

Avantis U.S. Small Cap Value ETF Stock Down 0.9%

Shares of Avantis U.S. Small Cap Value ETF stock opened at $124.83 on Friday. The firm has a market cap of $29.71 billion, a price-to-earnings ratio of 11.26 and a beta of 0.99. The business has a fifty day simple moving average of $122.36 and a 200-day simple moving average of $115.92. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $89.27 and a fifty-two week high of $126.65.

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.