Ariadne Wealth Management LP Boosts Stock Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Ariadne Wealth Management LP increased its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 15.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 37,803 shares of the company’s stock after buying an additional 5,175 shares during the quarter. Avantis U.S. Small Cap Equity ETF makes up about 1.0% of Ariadne Wealth Management LP’s portfolio, making the stock its 24th largest position. Ariadne Wealth Management LP’s holdings in Avantis U.S. Small Cap Equity ETF were worth $2,084,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Freedom Investment Management Inc. purchased a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at about $9,520,000. Rockefeller Capital Management L.P. grew its stake in Avantis U.S. Small Cap Equity ETF by 46.9% during the third quarter. Rockefeller Capital Management L.P. now owns 28,390 shares of the company’s stock valued at $1,534,000 after acquiring an additional 9,070 shares in the last quarter. Kingfisher Capital LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 45.5% during the 3rd quarter. Kingfisher Capital LLC now owns 6,921 shares of the company’s stock worth $374,000 after acquiring an additional 2,165 shares during the period. Atlantic Union Bankshares Corp lifted its stake in Avantis U.S. Small Cap Equity ETF by 6.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 536,826 shares of the company’s stock worth $28,999,000 after purchasing an additional 31,515 shares in the last quarter. Finally, Orion Portfolio Solutions LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $325,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Avantis U.S. Small Cap Equity ETF stock opened at $50.41 on Tuesday. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $47.79 and a fifty-two week high of $60.28. The stock has a market cap of $1.47 billion, a P/E ratio of 14.24 and a beta of 1.10. The firm’s fifty day moving average price is $53.11 and its 200-day moving average price is $54.44.

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.