Tortoise Investment Management LLC Purchases 178,500 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Tortoise Investment Management LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 178,500 shares of the company’s stock, valued at approximately $13,069,000. Tortoise Investment Management LLC owned about 0.40% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Werba Rubin Papier Wealth Management purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at about $4,848,000. Austin Wealth Management LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $23,319,000. CENTRAL TRUST Co purchased a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $131,000. Fifth Third Bancorp acquired a new position in Avantis U.S. Small Cap Equity ETF during the third quarter worth approximately $475,000. Finally, Endeavor Private Wealth Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF during the third quarter worth approximately $3,359,000.

Avantis U.S. Small Cap Equity ETF Trading Down 1.3%

Shares of NYSEARCA AVSC opened at $71.10 on Friday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $54.31 and a twelve month high of $75.30. The stock has a 50 day moving average of $70.73 and a two-hundred day moving average of $68.84. The stock has a market cap of $3.21 billion, a P/E ratio of 15.32 and a beta of 1.02.

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.