Northwestern Mutual Wealth Management Co. Sells 509,665 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Northwestern Mutual Wealth Management Co. cut its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 46.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 598,019 shares of the company’s stock after selling 509,665 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.63% of Avantis U.S. Small Cap Equity ETF worth $35,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. PCG Wealth Advisors LLC grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.8% in the fourth quarter. PCG Wealth Advisors LLC now owns 17,448 shares of the company’s stock worth $1,025,000 after purchasing an additional 1,118 shares during the last quarter. CAP Partners LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 0.7% during the fourth quarter. CAP Partners LLC now owns 63,699 shares of the company’s stock valued at $3,742,000 after purchasing an additional 454 shares during the last quarter. World Investment Advisors purchased a new position in Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $244,000. Pearl Planning LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $641,000. Finally, Cypress Point Wealth Management LLC raised its holdings in Avantis U.S. Small Cap Equity ETF by 6.2% in the 4th quarter. Cypress Point Wealth Management LLC now owns 51,000 shares of the company’s stock worth $2,996,000 after acquiring an additional 2,982 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Up 0.5%

Shares of NYSEARCA AVSC opened at $66.70 on Tuesday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $48.07 and a twelve month high of $69.08. The firm has a market cap of $2.63 billion, a P/E ratio of 14.03 and a beta of 1.05. The company has a 50 day moving average of $64.77 and a 200 day moving average of $62.17.

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.