Magnolia Private Wealth LLC Makes New Investment in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Magnolia Private Wealth LLC bought a new stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,850 shares of the company’s stock, valued at approximately $758,000.

A number of other hedge funds have also recently made changes to their positions in AVUV. Bank of New York Mellon Corp raised its holdings in Avantis U.S. Small Cap Value ETF by 12.5% in the 4th quarter. Bank of New York Mellon Corp now owns 5,792 shares of the company’s stock valued at $559,000 after buying an additional 644 shares during the last quarter. Rothschild Investment LLC increased its position in Avantis U.S. Small Cap Value ETF by 15.7% in the 4th quarter. Rothschild Investment LLC now owns 140,050 shares of the company’s stock valued at $13,519,000 after acquiring an additional 18,993 shares during the period. First Horizon Advisors Inc. acquired a new position in Avantis U.S. Small Cap Value ETF in the 4th quarter valued at approximately $174,000. Transcend Capital Advisors LLC raised its stake in shares of Avantis U.S. Small Cap Value ETF by 2.7% during the fourth quarter. Transcend Capital Advisors LLC now owns 27,531 shares of the company’s stock valued at $2,658,000 after acquiring an additional 724 shares during the last quarter. Finally, Longview Financial Advisors Inc. lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 16.6% during the fourth quarter. Longview Financial Advisors Inc. now owns 63,282 shares of the company’s stock worth $6,109,000 after purchasing an additional 8,997 shares during the period.

Avantis U.S. Small Cap Value ETF Stock Down 0.3 %

NYSEARCA AVUV opened at $93.23 on Wednesday. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 7.76 and a beta of 1.14. Avantis U.S. Small Cap Value ETF has a twelve month low of $86.37 and a twelve month high of $107.64. The stock has a fifty day simple moving average of $97.31 and a 200 day simple moving average of $97.38.

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.