Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Sees Large Volume Increase

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) shares saw unusually-high trading volume on Friday . Approximately 1,419,156 shares traded hands during trading, an increase of 101% from the previous session’s volume of 707,256 shares.The stock last traded at $90.82 and had previously closed at $89.96.

Avantis U.S. Small Cap Value ETF Stock Up 1.0 %

The stock has a market capitalization of $10.95 billion, a P/E ratio of 7.76 and a beta of 1.14. The company has a fifty day simple moving average of $90.04 and a two-hundred day simple moving average of $85.94.

Hedge Funds Weigh In On Avantis U.S. Small Cap Value ETF

Several institutional investors have recently modified their holdings of AVUV. Symmetry Partners LLC bought a new stake in Avantis U.S. Small Cap Value ETF in the 4th quarter valued at approximately $17,299,000. Morton Brown Family Wealth LLC boosted its holdings in Avantis U.S. Small Cap Value ETF by 169.4% during the first quarter. Morton Brown Family Wealth LLC now owns 131,537 shares of the company’s stock worth $12,326,000 after purchasing an additional 82,704 shares during the last quarter. Vantage Financial Partners Ltd. Inc. grew its position in Avantis U.S. Small Cap Value ETF by 1,753.5% in the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 73,529 shares of the company’s stock valued at $6,603,000 after purchasing an additional 69,562 shares in the last quarter. White Pine Investment CO acquired a new stake in Avantis U.S. Small Cap Value ETF in the 1st quarter valued at $4,739,000. Finally, EisnerAmper Wealth Management Corporate Benefits LLC bought a new stake in Avantis U.S. Small Cap Value ETF during the 4th quarter worth about $2,822,000.

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.