First Merchants Corp Has $17.85 Million Stock Holdings in Avantis U.S. Small Cap Value ETF $AVUV

First Merchants Corp raised its holdings in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 175,077 shares of the company’s stock after purchasing an additional 19,725 shares during the quarter. First Merchants Corp’s holdings in Avantis U.S. Small Cap Value ETF were worth $17,854,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 216.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock worth $33,201,000 after purchasing an additional 228,273 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in Avantis U.S. Small Cap Value ETF by 83.7% in the third quarter. Venturi Wealth Management LLC now owns 268,228 shares of the company’s stock valued at $26,697,000 after purchasing an additional 122,189 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Avantis U.S. Small Cap Value ETF by 6.0% in the third quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock valued at $191,190,000 after purchasing an additional 109,161 shares during the last quarter. Seven Mile Advisory acquired a new position in Avantis U.S. Small Cap Value ETF in the third quarter valued at about $10,334,000. Finally, JPMorgan Chase & Co. lifted its stake in Avantis U.S. Small Cap Value ETF by 37.9% in the second quarter. JPMorgan Chase & Co. now owns 370,722 shares of the company’s stock valued at $33,773,000 after buying an additional 101,955 shares during the period.

Avantis U.S. Small Cap Value ETF Trading Up 0.7%

Shares of AVUV opened at $110.73 on Thursday. The stock has a market cap of $22.42 billion, a P/E ratio of 11.26 and a beta of 1.09. Avantis U.S. Small Cap Value ETF has a 1 year low of $74.00 and a 1 year high of $116.56. The stock’s 50-day moving average price is $110.93 and its two-hundred day moving average price is $104.32.

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.