Factor Wealth Management LTD Buys New Stake in Avantis U.S. Small Cap Equity ETF $AVSC

Factor Wealth Management LTD purchased a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 91,130 shares of the company’s stock, valued at approximately $6,301,000. Avantis U.S. Small Cap Equity ETF comprises 1.0% of Factor Wealth Management LTD’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Foundry Financial Group Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 1st quarter valued at $6,325,000. Retirement Financial Solutions LLC increased its position in Avantis U.S. Small Cap Equity ETF by 31.7% during the fourth quarter. Retirement Financial Solutions LLC now owns 369,883 shares of the company’s stock worth $21,727,000 after buying an additional 88,959 shares during the last quarter. Baker Tilly Wealth Management LLC bought a new position in Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $1,150,000. Cambridge Associates LLC MA ADV lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 10.2% in the fourth quarter. Cambridge Associates LLC MA ADV now owns 922,735 shares of the company’s stock worth $54,201,000 after buying an additional 85,118 shares during the last quarter. Finally, Evanson Financial LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the second quarter worth about $1,600,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of AVSC traded up $0.33 during trading hours on Thursday, hitting $69.96. 317,849 shares of the company were exchanged, compared to its average volume of 130,012. The company has a market cap of $3.05 billion, a PE ratio of 14.03 and a beta of 1.03. The firm’s 50 day moving average is $72.23 and its 200-day moving average is $69.98. Avantis U.S. Small Cap Equity ETF has a 52 week low of $54.31 and a 52 week high of $75.30.

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.