Dixon Fnancial Services Inc. Buys 44,026 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Dixon Fnancial Services Inc. bought a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 3rd quarter, Holdings Channel.com reports. The firm bought 44,026 shares of the company’s stock, valued at approximately $3,272,000. Avantis U.S. Small Cap Equity ETF makes up 1.3% of Dixon Fnancial Services Inc.’s investment portfolio, making the stock its 11th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in AVSC. ORBA Wealth Advisors L.L.C. purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at about $1,361,000. Evanson Financial LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at about $3,691,000. Anderson Hoagland & Co. acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at about $14,936,000. Simplicity Wealth LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth about $20,243,000. Finally, Gibson Capital LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth about $2,264,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC stock opened at $70.68 on Friday. The firm’s 50-day simple moving average is $71.29 and its 200-day simple moving average is $70.52. Avantis U.S. Small Cap Equity ETF has a 1-year low of $54.31 and a 1-year high of $75.30. The firm has a market cap of $3.14 billion, a P/E ratio of 14.03 and a beta of 1.03.

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.