5 Best Value ETFs To Invest In

In this article, we discuss the 5 best value ETFs to invest in. If you want to read about some more value ETFs, go directly to 10 Best Value ETFs To Invest In.

5. Avantis U.S. Small Cap Value ETF (NYSE:AVUV)

Avantis U.S. Small Cap Value ETF (NYSE:AVUV) is an exchange traded fund that, under normal market conditions, invests at least 80% of its assets in small capitalization stocks across all industries and sectors in the United States. The fund also invests in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Avantis U.S. Small Cap Value ETF (NYSE:AVUV) holds a large stake in Louisiana-Pacific Corporation (NYSE:LPX), a Tennessee-based manufacturer of building products for construction, repair and remodeling, and outdoor structures. On June 23, TD Securities analyst Sean Steuart lowered the price target on Louisiana-Pacific Corporation (NYSE:LPX) to $75 from $85 but maintained a Buy rating on the shares. He lowered target prices for seven of the 10 companies in his coverage universe, noting that forest product equities remain under pressure as investors discount an increasingly negative macroeconomic outlook. However, Steuart reiterates an Overweight bias on the sector given that balance sheets are in significantly better shape than was the case entering previous recessions.

Among the hedge funds tracked by Insider Monkey, 34 funds were long Louisiana-Pacific Corporation (NYSE:LPX) at the end of March 2022, with collective stakes worth $427.8 million. In the first quarter of 2022, Noam Gottesman’s GLG Partners held a prominent position in the company, with 756,178 shares worth about $47 million.

Here is what L1 Capital has to say about Louisiana-Pacific Corporation (NYSE:LPX) in its Q3 2021 investor letter:

“We reinvested the proceeds from the partial sale of Eagle Materials by increasing the Fund’s position in Louisiana-Pacific Corporation. We expect the company to deliver strong earnings and cash flow over coming years, and the company remains undervalued at its current share price.”