Verus Financial Partners Inc. Buys New Position in Avantis U.S. Small Cap Equity ETF $AVSC

Verus Financial Partners Inc. purchased a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 14,251 shares of the company’s stock, valued at approximately $985,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. DecisionPoint Financial LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $31,000. Trellis Wealth Advisors LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter worth $42,000. EverSource Wealth Advisors LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock worth $42,000 after purchasing an additional 336 shares during the last quarter. IFP Advisors Inc bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter worth $66,000. Finally, Cherry Tree Wealth Management LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at $82,000.

Avantis U.S. Small Cap Equity ETF Stock Down 1.1%

Avantis U.S. Small Cap Equity ETF stock opened at $71.28 on Friday. The stock has a 50-day simple moving average of $71.04 and a 200 day simple moving average of $68.46. Avantis U.S. Small Cap Equity ETF has a 12-month low of $54.31 and a 12-month high of $75.30. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03.

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.