Proathlete Wealth Management LLC Purchases 7,437 Shares of Avantis U.S. Small Cap Value ETF $AVUV

Proathlete Wealth Management LLC increased its holdings in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 8.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 99,022 shares of the company’s stock after purchasing an additional 7,437 shares during the quarter. Avantis U.S. Small Cap Value ETF makes up about 2.9% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Proathlete Wealth Management LLC’s holdings in Avantis U.S. Small Cap Value ETF were worth $9,024,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AVUV. GAMMA Investing LLC increased its position in Avantis U.S. Small Cap Value ETF by 8,617.1% during the 1st quarter. GAMMA Investing LLC now owns 9,153 shares of the company’s stock worth $798,000 after purchasing an additional 9,048 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Avantis U.S. Small Cap Value ETF during the first quarter valued at $31,000. NBC Securities Inc. bought a new position in Avantis U.S. Small Cap Value ETF during the first quarter valued at about $28,000. EverSource Wealth Advisors LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 27.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 23,859 shares of the company’s stock valued at $2,080,000 after purchasing an additional 5,176 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 42.0% in the 2nd quarter. Parallel Advisors LLC now owns 5,235 shares of the company’s stock valued at $477,000 after purchasing an additional 1,549 shares during the period.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of AVUV stock opened at $100.71 on Monday. The stock’s 50 day simple moving average is $96.68 and its 200 day simple moving average is $90.46. Avantis U.S. Small Cap Value ETF has a twelve month low of $74.00 and a twelve month high of $107.64. The company has a market capitalization of $18.11 billion, a price-to-earnings ratio of 11.26 and a beta of 1.28.

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.