Lam Group Inc. Purchases 5,400 Shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Lam Group Inc. lifted its position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 28.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,500 shares of the company’s stock after purchasing an additional 5,400 shares during the quarter. Avantis U.S. Small Cap Value ETF accounts for about 1.7% of Lam Group Inc.’s holdings, making the stock its 23rd largest holding. Lam Group Inc.’s holdings in Avantis U.S. Small Cap Value ETF were worth $2,351,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. NBC Securities Inc. grew its position in Avantis U.S. Small Cap Value ETF by 97.6% during the 3rd quarter. NBC Securities Inc. now owns 324 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of Avantis U.S. Small Cap Value ETF by 111.2% during the first quarter. Sunbelt Securities Inc. now owns 435 shares of the company’s stock valued at $41,000 after acquiring an additional 229 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Avantis U.S. Small Cap Value ETF in the second quarter worth about $44,000. IAG Wealth Partners LLC purchased a new position in Avantis U.S. Small Cap Value ETF during the 2nd quarter valued at about $53,000. Finally, ICA Group Wealth Management LLC raised its position in Avantis U.S. Small Cap Value ETF by 45.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 820 shares of the company’s stock valued at $74,000 after purchasing an additional 258 shares during the last quarter.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of NYSEARCA AVUV traded down $0.54 during midday trading on Friday, hitting $98.19. 622,967 shares of the company traded hands, compared to its average volume of 713,875. Avantis U.S. Small Cap Value ETF has a 12-month low of $73.06 and a 12-month high of $101.57. The firm has a market cap of $11.84 billion, a P/E ratio of 7.76 and a beta of 1.14. The stock has a 50-day moving average price of $94.27 and a 200 day moving average price of $92.42.

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.