Red Lighthouse Investment Management LLC Purchases 8,762 Shares of Avantis U.S. Small Cap Value ETF $AVUV

Red Lighthouse Investment Management LLC lifted its position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 338,462 shares of the company’s stock after acquiring an additional 8,762 shares during the quarter. Avantis U.S. Small Cap Value ETF makes up about 12.2% of Red Lighthouse Investment Management LLC’s holdings, making the stock its 3rd biggest holding. Red Lighthouse Investment Management LLC owned 0.14% of Avantis U.S. Small Cap Value ETF worth $42,227,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TOP Private Wealth LLC. purchased a new position in Avantis U.S. Small Cap Value ETF during the 2nd quarter worth approximately $32,000. Continuum Advisory LLC increased its holdings in Avantis U.S. Small Cap Value ETF by 44.4% in the second quarter. Continuum Advisory LLC now owns 23,571 shares of the company’s stock worth $2,941,000 after buying an additional 7,249 shares during the last quarter. Capital Square LLC acquired a new position in shares of Avantis U.S. Small Cap Value ETF during the 2nd quarter worth $225,000. Foster & Motley Inc. bought a new stake in Avantis U.S. Small Cap Value ETF in the second quarter worth $11,796,000. Finally, Atlas Brown Inc. bought a new stake in Avantis U.S. Small Cap Value ETF in the second quarter worth $1,174,000.

Avantis U.S. Small Cap Value ETF Price Performance

Avantis U.S. Small Cap Value ETF stock opened at $126.93 on Friday. Avantis U.S. Small Cap Value ETF has a one year low of $93.87 and a one year high of $129.05. The company’s fifty day moving average price is $125.61 and its two-hundred day moving average price is $119.47. The company has a market capitalization of $30.87 billion, a price-to-earnings ratio of 11.26 and a beta of 0.99.

Avantis U.S. Small Cap Value ETF 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.