Prudent Investor Advisors LLC Makes New Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Prudent Investor Advisors LLC purchased a new position in shares of 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 and Exchange Commission. The fund purchased 20,554 shares of the company’s stock, valued at approximately $1,421,000. Avantis U.S. Small Cap Equity ETF accounts for about 1.1% of Prudent Investor Advisors LLC’s portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atala Financial Inc purchased a new stake in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at about $231,000. Approach Retirement Advisors LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth about $1,419,000. Root Financial Partners LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth about $726,000. Aire Advisors LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth about $3,374,000. Finally, EnRich Financial Partners LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter worth about $1,066,000.

Avantis U.S. Small Cap Equity ETF Stock Down 0.4%

Shares of Avantis U.S. Small Cap Equity ETF stock traded down $0.26 on Friday, reaching $70.68. 182,236 shares of the stock were exchanged, compared to its average volume of 132,273. The business has a 50 day moving average price of $71.29 and a two-hundred day moving average price of $70.52. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. Avantis U.S. Small Cap Equity ETF has a twelve month low of $54.31 and a twelve month high of $75.30.

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.