Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Sets New 1-Year High – Should You Buy?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSCGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $61.27 and last traded at $61.34, with a volume of 117314 shares trading hands. The stock had previously closed at $60.62.

Avantis U.S. Small Cap Equity ETF Trading Up 1.5%

The business’s 50-day simple moving average is $58.36 and its 200-day simple moving average is $56.47. The company has a market capitalization of $2.20 billion, a PE ratio of 14.03 and a beta of 1.10.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

Institutional investors have recently modified their holdings of the stock. Retirement Financial Solutions LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth about $16,083,000. Northwest Wealth Management LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 9.8% in the 3rd quarter. Northwest Wealth Management LLC now owns 116,123 shares of the company’s stock valued at $6,648,000 after purchasing an additional 10,370 shares during the last quarter. Atlas Wealth LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 28.4% during the second quarter. Atlas Wealth LLC now owns 21,430 shares of the company’s stock worth $1,130,000 after buying an additional 4,734 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its position in Avantis U.S. Small Cap Equity ETF by 22.2% during the second quarter. Focus Partners Advisor Solutions LLC now owns 123,199 shares of the company’s stock worth $6,353,000 after acquiring an additional 22,347 shares during the last quarter. Finally, Creative Planning grew its stake in Avantis U.S. Small Cap Equity ETF by 271.3% during the 2nd quarter. Creative Planning now owns 617,070 shares of the company’s stock valued at $31,822,000 after acquiring an additional 450,876 shares in the last quarter.

About Avantis U.S. Small Cap Equity ETF

(Get Free Report)

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.

Further Reading

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