SOL Capital Management CO Cuts Position in Avantis U.S. Small Cap Value ETF $AVUV

SOL Capital Management CO reduced its stake in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 30.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,935 shares of the company’s stock after selling 6,826 shares during the quarter. SOL Capital Management CO’s holdings in Avantis U.S. Small Cap Value ETF were worth $1,586,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AVUV. First Horizon Corp acquired a new position in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter worth $899,000. Bare Financial Services Inc increased its holdings in Avantis U.S. Small Cap Value ETF by 13.3% during the 2nd quarter. Bare Financial Services Inc now owns 270,697 shares of the company’s stock valued at $24,660,000 after acquiring an additional 31,835 shares in the last quarter. Farther Finance Advisors LLC raised its position in Avantis U.S. Small Cap Value ETF by 216.8% during the third quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock worth $33,201,000 after acquiring an additional 228,273 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Avantis U.S. Small Cap Value ETF during the second quarter worth about $1,344,000. Finally, Parallel Advisors LLC lifted its holdings in shares of Avantis U.S. Small Cap Value ETF by 42.0% in the second 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 in the last quarter.

Avantis U.S. Small Cap Value ETF Price Performance

AVUV stock opened at $108.51 on Friday. The company’s 50 day simple moving average is $102.48 and its 200-day simple moving average is $99.13. Avantis U.S. Small Cap Value ETF has a 12 month low of $74.00 and a 12 month high of $109.25. The firm has a market capitalization of $21.56 billion, a PE ratio of 11.26 and a beta of 1.09.

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.