Northwestern Mutual Wealth Management Co. Decreases Stake in Avantis U.S. Small Cap Equity ETF $AVSC

Northwestern Mutual Wealth Management Co. reduced its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 46.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 598,019 shares of the company’s stock after selling 509,665 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $35,128,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV raised its stake in Avantis U.S. Small Cap Equity ETF by 2.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 14,080,549 shares of the company’s stock worth $806,685,000 after purchasing an additional 341,562 shares during the period. Wealth Management Nebraska grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 11.6% in the fourth quarter. Wealth Management Nebraska now owns 1,010,452 shares of the company’s stock valued at $59,354,000 after purchasing an additional 105,187 shares in the last quarter. Cambridge Associates LLC MA ADV grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 1,420.1% in the third quarter. Cambridge Associates LLC MA ADV now owns 837,617 shares of the company’s stock valued at $47,954,000 after purchasing an additional 782,514 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 7.5% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 636,669 shares of the company’s stock worth $37,398,000 after acquiring an additional 44,193 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 9.5% during the 4th quarter. AE Wealth Management LLC now owns 606,160 shares of the company’s stock worth $35,606,000 after acquiring an additional 52,433 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Up 0.5%

NYSEARCA AVSC opened at $66.70 on Tuesday. The firm has a 50 day moving average of $64.77 and a two-hundred day moving average of $62.17. Avantis U.S. Small Cap Equity ETF has a 52 week low of $48.07 and a 52 week high of $69.08. The stock has a market capitalization of $2.63 billion, a PE ratio of 14.03 and a beta of 1.05.

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.