Avantis U.S. Small Cap Equity ETF $AVSC Shares Newly Acquired by Root Financial Partners LLC

Root Financial Partners LLC acquired a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,534 shares of the company’s stock, valued at approximately $726,000.

A number of other hedge funds have also recently made changes to their positions in AVSC. Trellis Wealth Advisors LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter worth about $42,000. EverSource Wealth Advisors LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 100.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock worth $42,000 after purchasing an additional 336 shares in the last quarter. IFP Advisors Inc purchased a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $66,000. Cherry Tree Wealth Management LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $82,000. Finally, Kings Path Partners LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $116,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

AVSC traded down $0.26 during trading on Friday, reaching $70.68. 182,236 shares of the company traded hands, compared to its average volume of 132,273. The company has a market cap of $3.14 billion, a P/E ratio of 14.03 and a beta of 1.03. Avantis U.S. Small Cap Equity ETF has a 12-month low of $54.31 and a 12-month high of $75.30. The firm has a fifty day simple moving average of $71.29 and a 200 day simple moving average of $70.52.

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.