First Merchants Corp Raises Stock Position in Avantis U.S. Small Cap Value ETF $AVUV

First Merchants Corp increased its position in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 7.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 188,387 shares of the company’s stock after acquiring an additional 13,310 shares during the period. First Merchants Corp’s holdings in Avantis U.S. Small Cap Value ETF were worth $20,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of AVUV. Rogco LP bought a new position in Avantis U.S. Small Cap Value ETF in the 4th quarter valued at $31,000. Basepoint Wealth LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the 4th quarter valued at $31,000. Lodestone Wealth Management LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF in the fourth quarter worth $43,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF in the fourth quarter worth $44,000. Finally, Ares Financial Consulting LLC bought a new position in shares of Avantis U.S. Small Cap Value ETF in the fourth quarter worth $57,000.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of AVUV stock opened at $122.00 on Monday. The company has a market capitalization of $26.77 billion, a PE ratio of 11.26 and a beta of 1.00. Avantis U.S. Small Cap Value ETF has a 52-week low of $88.65 and a 52-week high of $125.20. The business’s fifty day moving average is $119.42 and its 200 day moving average is $112.43.

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.