Correct Capital Wealth Management Acquires 5,034 Shares of Avantis U.S. Small Cap Value ETF $AVUV

Correct Capital Wealth Management grew its holdings in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 217,835 shares of the company’s stock after acquiring an additional 5,034 shares during the quarter. Avantis U.S. Small Cap Value ETF accounts for approximately 3.0% of Correct Capital Wealth Management’s investment portfolio, making the stock its 12th largest position. Correct Capital Wealth Management owned 0.11% of Avantis U.S. Small Cap Value ETF worth $21,681,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AVUV. Bank of New Hampshire bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at approximately $30,000. Hollencrest Capital Management acquired a new stake in Avantis U.S. Small Cap Value ETF in the third quarter valued at approximately $34,000. SBI Securities Co. Ltd. acquired a new stake in Avantis U.S. Small Cap Value ETF in the third quarter valued at approximately $47,000. Rosenberg Matthew Hamilton bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the second quarter worth $61,000. Finally, North Star Asset Management Inc. bought a new stake in shares of Avantis U.S. Small Cap Value ETF during the second quarter worth $203,000.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of NYSEARCA:AVUV opened at $115.19 on Friday. Avantis U.S. Small Cap Value ETF has a 52-week low of $74.00 and a 52-week high of $115.46. The company has a market capitalization of $23.33 billion, a PE ratio of 11.26 and a beta of 1.09. The company has a fifty day moving average of $106.12 and a 200-day moving average of $100.77.

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.