Forum Financial Management LP Makes New $1.24 Million Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Forum Financial Management LP bought a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,283 shares of the company’s stock, valued at approximately $1,244,000.

Other large investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in shares of 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 acquiring an additional 336 shares during the last quarter. Cherry Tree Wealth Management LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $82,000. Bank of New Hampshire purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth $115,000. Team Financial Group LLC boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 2,831.8% during the 1st quarter. Team Financial Group LLC now owns 1,935 shares of the company’s stock valued at $121,000 after acquiring an additional 1,869 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 1st quarter valued at about $129,000.

Avantis U.S. Small Cap Equity ETF Trading Down 0.9%

Shares of AVSC opened at $69.30 on Friday. 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 50-day moving average price of $71.72 and a 200 day moving average price of $70.25. The firm has a market capitalization of $3.06 billion, a P/E ratio of 14.03 and a beta of 1.03.

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.