Market Street Wealth Management Advisors LLC Acquires New Position in Avantis U.S. Small Cap Equity ETF $AVSC

Market Street Wealth Management Advisors LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 175,515 shares of the company’s stock, valued at approximately $12,135,000. Avantis U.S. Small Cap Equity ETF accounts for 1.7% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Market Street Wealth Management Advisors LLC owned about 0.40% 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 made changes to their positions in the company. Cambridge Associates LLC MA ADV grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 10.2% during the fourth quarter. Cambridge Associates LLC MA ADV now owns 922,735 shares of the company’s stock worth $54,201,000 after purchasing an additional 85,118 shares during the period. Atwood & Palmer Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $35,992,000. Retirement Financial Solutions LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 1.9% during the first quarter. Retirement Financial Solutions LLC now owns 376,850 shares of the company’s stock worth $23,478,000 after buying an additional 6,967 shares during the last quarter. Cornerstone Wealth Partners LLC bought a new position in Avantis U.S. Small Cap Equity ETF during the fourth quarter worth about $16,571,000. Finally, FAS Wealth Partners Inc. grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2.0% during the 1st quarter. FAS Wealth Partners Inc. now owns 277,447 shares of the company’s stock worth $17,285,000 after buying an additional 5,394 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC stock opened at $69.96 on Friday. The stock has a market cap of $3.05 billion, a PE ratio of 14.03 and a beta of 1.03. The stock has a 50-day moving average of $72.23 and a 200-day moving average of $69.98. Avantis U.S. Small Cap Equity ETF has a one year low of $54.31 and a one year high of $75.30.

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.