Simplicity Wealth LLC Buys 222,301 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Simplicity Wealth LLC lifted its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 111.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 421,028 shares of the company’s stock after acquiring an additional 222,301 shares during the quarter. Avantis U.S. Small Cap Equity ETF makes up 0.9% of Simplicity Wealth LLC’s holdings, making the stock its 20th biggest holding. Simplicity Wealth LLC owned about 1.33% of Avantis U.S. Small Cap Equity ETF worth $21,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AVSC. Park Square Financial Group LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 1st quarter valued at $39,000. SC&H Financial Advisors Inc. bought a new stake in Avantis U.S. Small Cap Equity ETF during the second quarter valued at $231,000. Stephens Consulting LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF during the 1st quarter worth about $278,000. Bridgewater Advisors Inc. acquired a new stake in Avantis U.S. Small Cap Equity ETF during the 1st quarter worth about $370,000. Finally, Benchmark Wealth Management LLC raised its position in shares of Avantis U.S. Small Cap Equity ETF by 37.8% in the 2nd quarter. Benchmark Wealth Management LLC now owns 7,690 shares of the company’s stock worth $397,000 after acquiring an additional 2,111 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $57.86 on Friday. Avantis U.S. Small Cap Equity ETF has a one year low of $41.58 and a one year high of $60.28. The stock’s 50-day moving average is $55.88 and its 200 day moving average is $51.64. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 14.03 and a beta of 0.97.

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.