Park Avenue Securities LLC Purchases 429,710 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Park Avenue Securities LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 429,710 shares of the company’s stock, valued at approximately $29,344,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trellis Wealth Advisors LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $42,000. EverSource Wealth Advisors LLC grew its position in Avantis U.S. Small Cap Equity ETF by 100.0% in the first quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock worth $42,000 after acquiring an additional 336 shares during the period. IFP Advisors Inc purchased a new position in Avantis U.S. Small Cap Equity ETF in the third quarter worth approximately $66,000. Cherry Tree Wealth Management LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the third quarter worth approximately $82,000. Finally, Kings Path Partners LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the third quarter worth approximately $116,000.

Avantis U.S. Small Cap Equity ETF Stock Up 0.2%

AVSC stock opened at $70.85 on Tuesday. Avantis U.S. Small Cap Equity ETF has a 52-week low of $54.31 and a 52-week high of $75.30. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. The business has a fifty day moving average of $71.33 and a two-hundred day moving average of $68.21.

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.