JPMorgan Chase & Co. Buys 85,028 Shares of Avantis U.S. Small Cap Value ETF $AVUV

JPMorgan Chase & Co. raised its stake in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 22.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 455,750 shares of the company’s stock after buying an additional 85,028 shares during the period. JPMorgan Chase & Co. owned about 0.24% of Avantis U.S. Small Cap Value ETF worth $45,361,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVUV. First Horizon Corp purchased a new stake in Avantis U.S. Small Cap Value ETF during the third quarter valued at $899,000. Farther Finance Advisors LLC increased its position in shares of Avantis U.S. Small Cap Value ETF by 216.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock valued at $33,201,000 after purchasing an additional 228,273 shares during the last quarter. Bare Financial Services Inc lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 13.3% in the 2nd quarter. Bare Financial Services Inc now owns 270,697 shares of the company’s stock worth $24,660,000 after purchasing an additional 31,835 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF in the second quarter worth approximately $1,344,000. Finally, CoreFirst Bank & Trust boosted its holdings in shares of Avantis U.S. Small Cap Value ETF by 11.4% in the second quarter. CoreFirst Bank & Trust now owns 59,036 shares of the company’s stock worth $5,378,000 after buying an additional 6,030 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Trading Up 0.3%

Shares of NYSEARCA AVUV opened at $114.59 on Friday. Avantis U.S. Small Cap Value ETF has a 12-month low of $74.00 and a 12-month high of $116.56. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 11.26 and a beta of 1.09. The firm has a 50 day moving average of $109.23 and a 200 day moving average of $102.78.

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.