Index Fund Advisors Inc. Has $393,000 Stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Index Fund Advisors Inc. raised its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 28.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,268 shares of the company’s stock after purchasing an additional 1,618 shares during the quarter. Index Fund Advisors Inc.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $393,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in AVSC. Envestnet Asset Management Inc. increased its stake in Avantis U.S. Small Cap Equity ETF by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 10,630,989 shares of the company’s stock valued at $530,593,000 after acquiring an additional 1,086,543 shares during the period. Atlantic Union Bankshares Corp raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 164.6% in the first quarter. Atlantic Union Bankshares Corp now owns 453,674 shares of the company’s stock valued at $23,754,000 after purchasing an additional 282,197 shares in the last quarter. West Paces Advisors Inc. lifted its position in Avantis U.S. Small Cap Equity ETF by 8,128.0% in the second quarter. West Paces Advisors Inc. now owns 246,839 shares of the company’s stock worth $12,320,000 after purchasing an additional 243,839 shares during the period. Simplicity Wealth LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 823.4% during the third quarter. Simplicity Wealth LLC now owns 151,138 shares of the company’s stock worth $8,164,000 after buying an additional 134,770 shares in the last quarter. Finally, Pacific Life Fund Advisors LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF during the second quarter worth $4,950,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of AVSC stock traded up $0.07 during mid-day trading on Thursday, reaching $53.49. The company’s stock had a trading volume of 5,220 shares, compared to its average volume of 88,924. The firm’s 50-day moving average is $53.41 and its two-hundred day moving average is $51.82. The company has a market cap of $1.07 billion, a P/E ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 1-year low of $40.99 and a 1-year high of $57.31.

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.