Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Shares Sold by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC trimmed its stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 5.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,050 shares of the company’s stock after selling 673 shares during the quarter. Gradient Capital Advisors LLC’s holdings in Avantis U.S. Small Cap Value ETF were worth $1,129,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Independence Bank of Kentucky boosted its position in shares of Avantis U.S. Small Cap Value ETF by 127.5% in the first quarter. Independence Bank of Kentucky now owns 19,759 shares of the company’s stock worth $1,852,000 after buying an additional 11,075 shares during the period. First National Bank Sioux Falls boosted its position in shares of Avantis U.S. Small Cap Value ETF by 20.5% in the first quarter. First National Bank Sioux Falls now owns 54,376 shares of the company’s stock worth $5,096,000 after buying an additional 9,235 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Avantis U.S. Small Cap Value ETF by 111.2% in the first quarter. Sunbelt Securities Inc. now owns 435 shares of the company’s stock worth $41,000 after buying an additional 229 shares during the period. First PREMIER Bank boosted its position in shares of Avantis U.S. Small Cap Value ETF by 9.1% in the first quarter. First PREMIER Bank now owns 1,862 shares of the company’s stock worth $175,000 after buying an additional 155 shares during the period. Finally, Emprise Bank acquired a new stake in shares of Avantis U.S. Small Cap Value ETF in the first quarter worth $2,094,000.

Avantis U.S. Small Cap Value ETF Price Performance

AVUV traded up $0.97 during trading on Friday, reaching $89.72. 854,052 shares of the stock traded hands, compared to its average volume of 683,215. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 7.76 and a beta of 1.14. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $73.06 and a fifty-two week high of $94.14. The stock’s 50-day simple moving average is $90.71 and its two-hundred day simple moving average is $89.54.

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.