Torren Management LLC Makes New $7.33 Million Investment in Avantis U.S. Small Cap Value ETF $AVUV

Torren Management LLC bought a new position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) in the fourth quarter, HoldingsChannel.com reports. The fund bought 71,842 shares of the company’s stock, valued at approximately $7,326,000. Avantis U.S. Small Cap Value ETF accounts for 3.7% of Torren Management LLC’s portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Corp purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter worth $899,000. JPMorgan Chase & Co. boosted its stake in shares of Avantis U.S. Small Cap Value ETF by 22.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 455,750 shares of the company’s stock worth $45,361,000 after acquiring an additional 85,028 shares during the last quarter. Zhang Financial LLC boosted its stake in shares of Avantis U.S. Small Cap Value ETF by 42.8% during the 3rd quarter. Zhang Financial LLC now owns 137,754 shares of the company’s stock worth $13,711,000 after acquiring an additional 41,308 shares during the last quarter. Correct Capital Wealth Management boosted its stake in shares of Avantis U.S. Small Cap Value ETF by 2.4% during the 3rd quarter. Correct Capital Wealth Management now owns 217,835 shares of the company’s stock worth $21,681,000 after acquiring an additional 5,034 shares during the last quarter. Finally, North Star Asset Management Inc. boosted its stake in shares of Avantis U.S. Small Cap Value ETF by 350.7% during the 3rd quarter. North Star Asset Management Inc. now owns 10,047 shares of the company’s stock worth $1,000,000 after acquiring an additional 7,818 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Price Performance

Shares of Avantis U.S. Small Cap Value ETF stock opened at $119.61 on Tuesday. The company’s fifty day simple moving average is $112.43 and its 200-day simple moving average is $106.66. The stock has a market capitalization of $25.82 billion, a PE ratio of 11.26 and a beta of 1.02. Avantis U.S. Small Cap Value ETF has a 1-year low of $81.13 and a 1-year high of $120.29.

Avantis U.S. Small Cap Value ETF 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.