First Citizens Asset Management Inc. Makes New Investment in Avantis U.S. Small Cap Value ETF $AVUV

First Citizens Asset Management Inc. acquired a new position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 15,048 shares of the company’s stock, valued at approximately $1,535,000. Avantis U.S. Small Cap Value ETF accounts for about 0.5% of First Citizens Asset Management Inc.’s holdings, making the stock its 13th biggest position.

Several other institutional investors also recently bought and sold shares of AVUV. JPMorgan Chase & Co. lifted its holdings in Avantis U.S. Small Cap Value ETF by 22.9% in the third quarter. JPMorgan Chase & Co. now owns 455,750 shares of the company’s stock valued at $45,361,000 after buying an additional 85,028 shares during the period. North Star Asset Management Inc. lifted its holdings in Avantis U.S. Small Cap Value ETF by 350.7% in the third quarter. North Star Asset Management Inc. now owns 10,047 shares of the company’s stock valued at $1,000,000 after buying an additional 7,818 shares during the period. Zhang Financial LLC lifted its holdings in Avantis U.S. Small Cap Value ETF by 42.8% in the third quarter. Zhang Financial LLC now owns 137,754 shares of the company’s stock valued at $13,711,000 after buying an additional 41,308 shares during the period. First Citizens Investor Services Inc. acquired a new position in Avantis U.S. Small Cap Value ETF in the third quarter valued at approximately $1,240,000. Finally, Correct Capital Wealth Management lifted its holdings in Avantis U.S. Small Cap Value ETF by 2.4% in the third quarter. Correct Capital Wealth Management now owns 217,835 shares of the company’s stock valued at $21,681,000 after buying an additional 5,034 shares during the period.

Avantis U.S. Small Cap Value ETF Price Performance

Shares of NYSEARCA AVUV opened at $117.25 on Monday. The company’s 50 day simple moving average is $113.65 and its 200 day simple moving average is $108.41. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $85.79 and a fifty-two week high of $121.11. The firm has a market capitalization of $25.72 billion, a P/E ratio of 11.26 and a beta of 1.01.

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.