Avantis U.S. Small Cap Equity ETF $AVSC Stock Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 94.9% during the third quarter, Holdings Channel reports. The fund owned 639,654 shares of the company’s stock after selling 11,951,859 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $36,620,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aire Advisors LLC grew its position in Avantis U.S. Small Cap Equity ETF by 85.4% in the 2nd quarter. Aire Advisors LLC now owns 52,612 shares of the company’s stock worth $2,713,000 after purchasing an additional 24,228 shares during the last quarter. Werba Rubin Papier Wealth Management boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 2.0% during the second quarter. Werba Rubin Papier Wealth Management now owns 22,259 shares of the company’s stock worth $1,148,000 after buying an additional 431 shares during the period. Chicago Partners Investment Group LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 4.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 60,957 shares of the company’s stock worth $3,342,000 after buying an additional 2,708 shares in the last quarter. Clune & Associates LTD. grew its holdings in Avantis U.S. Small Cap Equity ETF by 32.0% in the 2nd quarter. Clune & Associates LTD. now owns 14,538 shares of the company’s stock worth $750,000 after buying an additional 3,527 shares in the last quarter. Finally, Freedom Investment Management Inc. increased its position in Avantis U.S. Small Cap Equity ETF by 17.7% in the 2nd quarter. Freedom Investment Management Inc. now owns 194,578 shares of the company’s stock valued at $10,034,000 after acquiring an additional 29,213 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $65.25 on Wednesday. Avantis U.S. Small Cap Equity ETF has a 1-year low of $41.58 and a 1-year high of $65.68. The business’s fifty day moving average price is $61.41 and its two-hundred day moving average price is $58.20. The company has a market capitalization of $2.39 billion, a P/E ratio of 14.03 and a beta of 1.10.

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.