282,093 Shares in Avantis U.S. Small Cap Equity ETF $AVSC Acquired by Cornerstone Wealth Partners LLC

Cornerstone Wealth Partners LLC acquired a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 282,093 shares of the company’s stock, valued at approximately $16,571,000. Avantis U.S. Small Cap Equity ETF accounts for 11.5% of Cornerstone Wealth Partners LLC’s investment portfolio, making the stock its 4th largest position. Cornerstone Wealth Partners LLC owned about 0.77% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elwood & Goetz Wealth Advisory Group LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 7.5% in the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 636,669 shares of the company’s stock worth $37,398,000 after purchasing an additional 44,193 shares during the period. Lam Group Inc. boosted its stake in Avantis U.S. Small Cap Equity ETF by 90.4% in the 4th quarter. Lam Group Inc. now owns 19,335 shares of the company’s stock worth $1,136,000 after purchasing an additional 9,180 shares during the period. AE Wealth Management LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 9.5% in the 4th quarter. AE Wealth Management LLC now owns 606,160 shares of the company’s stock worth $35,606,000 after purchasing an additional 52,433 shares during the period. Simplicity Wealth LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 5.2% in the 4th quarter. Simplicity Wealth LLC now owns 218,841 shares of the company’s stock worth $12,855,000 after purchasing an additional 10,723 shares during the period. Finally, CWM LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 5.9% in the 4th quarter. CWM LLC now owns 181,631 shares of the company’s stock worth $10,669,000 after purchasing an additional 10,113 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Performance

Avantis U.S. Small Cap Equity ETF stock opened at $70.56 on Wednesday. The company has a 50 day moving average price of $67.81 and a 200 day moving average price of $64.00. Avantis U.S. Small Cap Equity ETF has a 52 week low of $49.58 and a 52 week high of $71.89. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 14.03 and a beta of 1.04.

Avantis U.S. Small Cap Equity ETF 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.