Telos Capital Management Inc. Acquires 73,280 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Telos Capital Management Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 73,280 shares of the company’s stock, valued at approximately $5,067,000.

Several other hedge funds also recently bought and sold shares of AVSC. DecisionPoint Financial LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth $31,000. Trellis Wealth Advisors LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth $42,000. EverSource Wealth Advisors LLC raised its holdings in Avantis U.S. Small Cap Equity ETF by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock valued at $42,000 after acquiring an additional 336 shares during the period. MeadowBrook Investment Advisors LLC bought a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $54,000. Finally, IFP Advisors Inc bought a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $66,000.

Avantis U.S. Small Cap Equity ETF Trading Down 3.8%

NYSEARCA:AVSC opened at $70.07 on Friday. Avantis U.S. Small Cap Equity ETF has a 12-month low of $54.31 and a 12-month high of $75.30. The stock has a 50-day moving average price of $70.88 and a 200 day moving average price of $68.64. The stock has a market capitalization of $3.14 billion, a P/E ratio of 14.03 and a beta of 1.02.

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.