Pinnacle Bancorp Inc. Has $468,000 Position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Pinnacle Bancorp Inc. grew its stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 8.2% in the first quarter, HoldingsChannel.com reports. The fund owned 5,368 shares of the company’s stock after acquiring an additional 407 shares during the period. Pinnacle Bancorp Inc.’s holdings in Avantis U.S. Small Cap Value ETF were worth $468,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AVUV. Golden State Wealth Management LLC acquired a new stake in shares of Avantis U.S. Small Cap Value ETF during the first quarter worth about $62,000. Team Financial Group LLC lifted its position in Avantis U.S. Small Cap Value ETF by 38.4% in the 1st quarter. Team Financial Group LLC now owns 54,692 shares of the company’s stock valued at $4,767,000 after acquiring an additional 15,173 shares in the last quarter. Diversified Portfolios Inc. boosted its stake in Avantis U.S. Small Cap Value ETF by 4.0% in the 1st quarter. Diversified Portfolios Inc. now owns 49,817 shares of the company’s stock worth $4,343,000 after purchasing an additional 1,924 shares during the period. Proathlete Wealth Management LLC raised its stake in shares of Avantis U.S. Small Cap Value ETF by 10.1% in the 1st quarter. Proathlete Wealth Management LLC now owns 91,585 shares of the company’s stock valued at $7,986,000 after purchasing an additional 8,396 shares during the period. Finally, Investment Research & Advisory Group Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 53.4% in the first quarter. Investment Research & Advisory Group Inc. now owns 2,333 shares of the company’s stock valued at $203,000 after purchasing an additional 812 shares in the last quarter.

Avantis U.S. Small Cap Value ETF Price Performance

AVUV stock opened at $90.21 on Wednesday. The stock has a market capitalization of $15.65 billion, a P/E ratio of 11.34 and a beta of 1.10. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $74.00 and a fifty-two week high of $107.64. The business has a 50-day moving average of $87.04 and a 200-day moving average of $91.00.

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.