Merkkuri Wealth Advisors LLC Purchases 544 Shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Merkkuri Wealth Advisors LLC grew its position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 2.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,717 shares of the company’s stock after purchasing an additional 544 shares during the period. Avantis U.S. Small Cap Value ETF comprises about 1.5% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 17th largest holding. Merkkuri Wealth Advisors LLC’s holdings in Avantis U.S. Small Cap Value ETF were worth $1,892,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sunbelt Securities Inc. grew its position in Avantis U.S. Small Cap Value ETF by 111.2% during the first quarter. Sunbelt Securities Inc. now owns 435 shares of the company’s stock valued at $41,000 after acquiring an additional 229 shares during the last quarter. Heritage Wealth Management Inc. purchased a new position in Avantis U.S. Small Cap Value ETF in the 2nd quarter worth $2,462,000. Parallel Advisors LLC lifted its stake in Avantis U.S. Small Cap Value ETF by 22.0% in the second quarter. Parallel Advisors LLC now owns 8,554 shares of the company’s stock worth $767,000 after purchasing an additional 1,540 shares during the last quarter. Pinnacle Bancorp Inc. lifted its stake in Avantis U.S. Small Cap Value ETF by 30.3% in the third quarter. Pinnacle Bancorp Inc. now owns 1,522 shares of the company’s stock worth $146,000 after purchasing an additional 354 shares during the last quarter. Finally, S. R. Schill & Associates grew its stake in shares of Avantis U.S. Small Cap Value ETF by 2.3% during the second quarter. S. R. Schill & Associates now owns 42,896 shares of the company’s stock valued at $3,849,000 after buying an additional 952 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Trading Up 0.4 %

NYSEARCA AVUV opened at $95.42 on Friday. The stock has a 50-day moving average of $94.60 and a 200-day moving average of $92.50. Avantis U.S. Small Cap Value ETF has a 1-year low of $73.06 and a 1-year high of $101.57. The firm has a market cap of $11.50 billion, a PE ratio of 7.76 and a beta of 1.14.

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.