Evanson Asset Management LLC Buys 653 Shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Evanson Asset Management LLC lifted its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 9.3% during the fourth quarter, Holdings Channel reports. The fund owned 7,695 shares of the company’s stock after acquiring an additional 653 shares during the quarter. Evanson Asset Management LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $418,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth $66,000. Sequent Asset Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $209,000. Arista Wealth Management LLC bought a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $211,000. Hutchens & Kramer Investment Management Group LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $217,000. Finally, Northwest Wealth Management LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth about $226,000.

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

Shares of NYSEARCA:AVSC opened at $55.19 on Monday. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18. The business has a 50 day moving average price of $56.37 and a 200 day moving average price of $54.37. Avantis U.S. Small Cap Equity ETF has a twelve month low of $47.46 and a twelve month high of $60.28.

About Avantis U.S. Small Cap Equity ETF

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.