Savvy Advisors Inc. Invests $6.32 Million in Avantis U.S. Small Cap Equity ETF $AVSC

Savvy Advisors Inc. acquired a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 3rd quarter, Holdings Channel reports. The fund acquired 110,402 shares of the company’s stock, valued at approximately $6,321,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AVSC. Root Financial Partners LLC acquired a new position in Avantis U.S. Small Cap Equity ETF during the third quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 2nd quarter valued at approximately $25,000. YANKCOM Partnership bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $29,000. Global Retirement Partners LLC increased its position in Avantis U.S. Small Cap Equity ETF by 82.4% during the 3rd quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock worth $31,000 after purchasing an additional 248 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $40,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $65.17 on Thursday. The company’s 50 day moving average price is $61.53 and its two-hundred day moving average price is $58.25. The firm has a market capitalization of $2.39 billion, a P/E ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $41.58 and a fifty-two week high of $65.93.

Avantis U.S. Small Cap Equity ETF Company Profile

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.