Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Reaches New 12-Month High – What’s Next?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $72.00 and last traded at $72.00, with a volume of 11994 shares traded. The stock had previously closed at $70.84.

Avantis U.S. Small Cap Equity ETF Stock Performance

The stock has a market cap of $2.82 billion, a P/E ratio of 14.03 and a beta of 1.04. The business’s 50-day moving average price is $68.42 and its 200-day moving average price is $64.43.

Institutional Trading of Avantis U.S. Small Cap Equity ETF

Several hedge funds have recently bought and sold shares of the stock. Cambridge Associates LLC MA ADV increased its position in Avantis U.S. Small Cap Equity ETF by 1,420.1% in the third quarter. Cambridge Associates LLC MA ADV now owns 837,617 shares of the company’s stock worth $47,954,000 after buying an additional 782,514 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 2.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,459,274 shares of the company’s stock valued at $849,338,000 after acquiring an additional 378,725 shares during the period. Cornerstone Wealth Partners LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $16,571,000. Kilner Capital Advisors LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $11,582,000. Finally, Prevail Innovative Wealth Advisors LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 269.2% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 188,507 shares of the company’s stock worth $11,073,000 after acquiring an additional 137,442 shares in the last quarter.

About Avantis U.S. Small Cap Equity ETF

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.