Wealth Management Nebraska Purchases New Shares in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Wealth Management Nebraska acquired a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 529,923 shares of the company’s stock, valued at approximately $28,807,000. Avantis U.S. Small Cap Equity ETF makes up approximately 5.1% of Wealth Management Nebraska’s investment portfolio, making the stock its 9th biggest holding. Wealth Management Nebraska owned approximately 2.66% of Avantis U.S. Small Cap Equity ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. PrairieView Partners LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 420.5% in the 4th quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock worth $23,163,000 after acquiring an additional 344,238 shares in the last quarter. Freedom Investment Management Inc. bought a new position in shares of Avantis U.S. Small Cap Equity ETF during the third quarter valued at approximately $9,520,000. Pacific Life Fund Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 169.4% during the third quarter. Pacific Life Fund Advisors LLC now owns 267,190 shares of the company’s stock valued at $14,434,000 after purchasing an additional 168,005 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 6.9% during the third quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 540,001 shares of the company’s stock valued at $29,171,000 after purchasing an additional 34,776 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 6.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 536,826 shares of the company’s stock worth $28,999,000 after purchasing an additional 31,515 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Down 2.3 %

Avantis U.S. Small Cap Equity ETF stock opened at $53.12 on Friday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $47.79 and a twelve month high of $60.28. The company has a market capitalization of $1.06 billion, a P/E ratio of 10.76 and a beta of 1.18. The stock’s 50 day moving average is $54.92 and its 200 day moving average is $54.76.

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.