BIP Wealth LLC Invests $211,000 in Avantis U.S. Small Cap Value ETF $AVUV

BIP Wealth LLC acquired a new stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the 2nd quarter, HoldingsChannel reports. The fund acquired 2,314 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Avantis U.S. Small Cap Value ETF during the first quarter worth $31,000. Parallel Advisors LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 42.0% in the 2nd quarter. Parallel Advisors LLC now owns 5,235 shares of the company’s stock valued at $477,000 after purchasing an additional 1,549 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Small Cap Value ETF by 27.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 23,859 shares of the company’s stock valued at $2,080,000 after purchasing an additional 5,176 shares during the period. Avondale Wealth Management lifted its stake in Avantis U.S. Small Cap Value ETF by 1,593.9% in the 2nd quarter. Avondale Wealth Management now owns 139,948 shares of the company’s stock valued at $12,749,000 after purchasing an additional 131,686 shares during the last quarter. Finally, Foster & Motley Inc. grew its holdings in Avantis U.S. Small Cap Value ETF by 18.0% during the second quarter. Foster & Motley Inc. now owns 77,027 shares of the company’s stock worth $7,017,000 after purchasing an additional 11,776 shares during the period.

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

Shares of NYSEARCA AVUV opened at $99.91 on Friday. The business’s 50 day moving average price is $99.28 and its two-hundred day moving average price is $92.77. The company has a market cap of $18.88 billion, a PE ratio of 11.26 and a beta of 1.28. Avantis U.S. Small Cap Value ETF has a twelve month low of $74.00 and a twelve month high of $107.64.

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.