Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Reaches New 12-Month High – What’s Next?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $68.31 and last traded at $68.31, with a volume of 4777 shares. The stock had previously closed at $67.95.

Avantis U.S. Small Cap Equity ETF Price Performance

The stock has a 50-day simple moving average of $63.66 and a 200 day simple moving average of $60.89. The company has a market capitalization of $2.66 billion, a PE ratio of 14.03 and a beta of 1.07.

Institutional Trading of Avantis U.S. Small Cap Equity ETF

A number of institutional investors have recently bought and sold shares of AVSC. Cambridge Associates LLC MA ADV boosted its position in Avantis U.S. Small Cap Equity ETF by 1,420.1% during the third quarter. Cambridge Associates LLC MA ADV now owns 837,617 shares of the company’s stock worth $47,954,000 after purchasing an additional 782,514 shares in the last quarter. Savant Capital LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter worth $26,560,000. Mercer Global Advisors Inc. ADV boosted its position in Avantis U.S. Small Cap Equity ETF by 2.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,459,274 shares of the company’s stock worth $849,338,000 after purchasing an additional 378,725 shares in the last quarter. Cornerstone Wealth Partners LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF during the fourth quarter worth $16,571,000. Finally, Retirement Financial Solutions LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter worth $16,083,000.

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.