Independence Bank of Kentucky Cuts Stock Holdings in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Independence Bank of Kentucky lowered its stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,538 shares of the company’s stock after selling 571 shares during the quarter. Independence Bank of Kentucky’s holdings in Avantis U.S. Small Cap Value ETF were worth $2,562,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AVUV. NBC Securities Inc. lifted its position in Avantis U.S. Small Cap Value ETF by 97.6% during the third quarter. NBC Securities Inc. now owns 324 shares of the company’s stock valued at $31,000 after purchasing an additional 160 shares during the last quarter. Investment Research & Advisory Group Inc. bought a new position in shares of Avantis U.S. Small Cap Value ETF in the 3rd quarter valued at about $146,000. Pinnacle Bancorp Inc. increased its position in shares of Avantis U.S. Small Cap Value ETF by 30.3% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,522 shares of the company’s stock valued at $146,000 after purchasing an additional 354 shares during the last quarter. First PREMIER Bank lifted its position in Avantis U.S. Small Cap Value ETF by 11.9% in the fourth quarter. First PREMIER Bank now owns 2,083 shares of the company’s stock worth $201,000 after buying an additional 221 shares during the last quarter. Finally, Anchor Investment Management LLC purchased a new position in Avantis U.S. Small Cap Value ETF during the third quarter worth $292,000.

Avantis U.S. Small Cap Value ETF Stock Performance

AVUV opened at $98.31 on Friday. Avantis U.S. Small Cap Value ETF has a one year low of $85.02 and a one year high of $107.64. The stock has a market cap of $11.85 billion, a price-to-earnings ratio of 7.76 and a beta of 1.14. The stock’s 50 day moving average price is $99.74 and its 200-day moving average price is $97.15.

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.