Value Investment Professionals LLC Purchases New Position in Avantis U.S. Small Cap Equity ETF $AVSC

Value Investment Professionals LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,842 shares of the company’s stock, valued at approximately $800,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVSC. JPMorgan Chase & Co. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 271.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 64,720 shares of the company’s stock valued at $3,338,000 after buying an additional 47,309 shares in the last quarter. Raymond James Financial Inc. lifted its position in Avantis U.S. Small Cap Equity ETF by 33.8% in the second quarter. Raymond James Financial Inc. now owns 35,803 shares of the company’s stock valued at $1,846,000 after acquiring an additional 9,044 shares during the last quarter. MML Investors Services LLC lifted its position in Avantis U.S. Small Cap Equity ETF by 14.7% in the second quarter. MML Investors Services LLC now owns 72,378 shares of the company’s stock valued at $3,733,000 after acquiring an additional 9,264 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Avantis U.S. Small Cap Equity ETF by 111.2% in the second quarter. Osaic Holdings Inc. now owns 2,969 shares of the company’s stock valued at $153,000 after acquiring an additional 1,563 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Avantis U.S. Small Cap Equity ETF by 7.4% in the third quarter. American Century Companies Inc. now owns 375,209 shares of the company’s stock valued at $21,481,000 after acquiring an additional 25,808 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of AVSC stock opened at $72.63 on Friday. The stock’s 50-day moving average is $69.35 and its two-hundred day moving average is $65.12. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 14.03 and a beta of 1.02. Avantis U.S. Small Cap Equity ETF has a 1 year low of $50.78 and a 1 year high of $73.99.

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.