Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 12-Month Low – What’s Next?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $86.05 and last traded at $87.22, with a volume of 1277184 shares changing hands. The stock had previously closed at $88.68.

Avantis U.S. Small Cap Value ETF Stock Down 0.3 %

The firm’s fifty day moving average price is $95.93 and its 200 day moving average price is $97.18. The stock has a market cap of $14.36 billion, a PE ratio of 7.76 and a beta of 1.28.

Institutional Trading of Avantis U.S. Small Cap Value ETF

Several hedge funds have recently bought and sold shares of AVUV. Kovitz Investment Group Partners LLC bought a new stake in shares of Avantis U.S. Small Cap Value ETF in the third quarter worth about $51,568,000. Ameriprise Financial Inc. grew its holdings in Avantis U.S. Small Cap Value ETF by 19.6% during the 4th quarter. Ameriprise Financial Inc. now owns 1,534,021 shares of the company’s stock valued at $148,044,000 after buying an additional 251,216 shares in the last quarter. Avior Wealth Management LLC increased its stake in Avantis U.S. Small Cap Value ETF by 140,209.2% in the 4th quarter. Avior Wealth Management LLC now owns 183,805 shares of the company’s stock worth $17,743,000 after acquiring an additional 183,674 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 74.8% during the 4th quarter. JPMorgan Chase & Co. now owns 253,659 shares of the company’s stock worth $24,486,000 after acquiring an additional 108,509 shares in the last quarter. Finally, Planned Solutions Inc. raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 39,327.5% during the 4th quarter. Planned Solutions Inc. now owns 100,540 shares of the company’s stock worth $9,705,000 after acquiring an additional 100,285 shares in the last quarter.

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.