Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Reaches New 1-Year Low – What’s Next?

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares hit a new 52-week low on Thursday . The company traded as low as $81.81 and last traded at $81.89, with a volume of 478770 shares changing hands. The stock had previously closed at $88.88.

Avantis U.S. Small Cap Value ETF Stock Performance

The company has a market cap of $13.08 billion, a price-to-earnings ratio of 11.36 and a beta of 1.15. The company has a 50-day simple moving average of $92.05 and a 200-day simple moving average of $96.37.

Avantis U.S. Small Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.3389 per share. The ex-dividend date was Tuesday, March 25th.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Natixis Advisors LLC acquired a new position in Avantis U.S. Small Cap Value ETF during the fourth quarter worth $1,393,000. Bank of New York Mellon Corp raised its stake in shares of Avantis U.S. Small Cap Value ETF by 12.5% during the 4th quarter. Bank of New York Mellon Corp now owns 5,792 shares of the company’s stock worth $559,000 after buying an additional 644 shares during the last quarter. WR Wealth Planners LLC raised its stake in shares of Avantis U.S. Small Cap Value ETF by 4.4% during the 4th quarter. WR Wealth Planners LLC now owns 67,423 shares of the company’s stock worth $6,508,000 after buying an additional 2,815 shares during the last quarter. Fidelity D & D Bancorp Inc. grew its stake in Avantis U.S. Small Cap Value ETF by 15.0% in the 3rd quarter. Fidelity D & D Bancorp Inc. now owns 23,723 shares of the company’s stock valued at $2,276,000 after acquiring an additional 3,093 shares during the last quarter. Finally, Middleton & Co. Inc. MA increased its holdings in Avantis U.S. Small Cap Value ETF by 391.0% during the 4th quarter. Middleton & Co. Inc. MA now owns 11,515 shares of the company’s stock valued at $1,112,000 after acquiring an additional 9,170 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.