Foundry Financial Group Inc. Makes New Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Foundry Financial Group Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 101,532 shares of the company’s stock, valued at approximately $6,325,000. Avantis U.S. Small Cap Equity ETF accounts for 3.1% of Foundry Financial Group Inc.’s holdings, making the stock its 14th largest holding. Foundry Financial Group Inc. owned about 0.26% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Elwood & Goetz Wealth Advisory Group LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 7.5% during the fourth 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 last quarter. Lam Group Inc. grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 90.4% in the fourth 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 last quarter. Simplicity Wealth LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 5.2% in the fourth 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 last quarter. AE Wealth Management LLC increased 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 buying an additional 52,433 shares during the period. Finally, CWM LLC increased 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 buying an additional 10,113 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC opened at $73.02 on Tuesday. Avantis U.S. Small Cap Equity ETF has a 1-year low of $50.78 and a 1-year high of $73.17. The company has a 50-day moving average of $68.93 and a 200 day moving average of $64.81. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 14.03 and a beta of 1.04.

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.