Magnolia Private Wealth LLC Invests $758,000 in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Magnolia Private Wealth LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,850 shares of the company’s stock, valued at approximately $758,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in shares of Avantis U.S. Small Cap Value ETF by 12.5% in the 4th quarter. Bank of New York Mellon Corp now owns 5,792 shares of the company’s stock valued at $559,000 after purchasing an additional 644 shares during the period. Rothschild Investment LLC boosted its holdings in shares of Avantis U.S. Small Cap Value ETF by 15.7% during the 4th quarter. Rothschild Investment LLC now owns 140,050 shares of the company’s stock worth $13,519,000 after buying an additional 18,993 shares in the last quarter. First Horizon Advisors Inc. acquired a new stake in shares of Avantis U.S. Small Cap Value ETF during the 4th quarter worth approximately $174,000. Transcend Capital Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Value ETF by 2.7% in the 4th quarter. Transcend Capital Advisors LLC now owns 27,531 shares of the company’s stock valued at $2,658,000 after acquiring an additional 724 shares in the last quarter. Finally, Longview Financial Advisors Inc. lifted its position in shares of Avantis U.S. Small Cap Value ETF by 16.6% during the 4th quarter. Longview Financial Advisors Inc. now owns 63,282 shares of the company’s stock valued at $6,109,000 after acquiring an additional 8,997 shares during the period.

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

AVUV opened at $93.23 on Wednesday. The company has a market cap of $11.24 billion, a P/E ratio of 7.76 and a beta of 1.14. The company has a fifty day moving average price of $97.31 and a two-hundred day moving average price of $97.38. Avantis U.S. Small Cap Value ETF has a 1-year low of $86.37 and a 1-year high of $107.64.

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.