Avantis U.S. Small Cap Equity ETF $AVSC Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC trimmed its holdings in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 50.6% in the third quarter, Holdings Channel reports. The institutional investor owned 208,118 shares of the company’s stock after selling 212,910 shares during the period. Avantis U.S. Small Cap Equity ETF makes up 0.7% of Simplicity Wealth LLC’s holdings, making the stock its 23rd biggest holding. Simplicity Wealth LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $11,915,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Retirement Financial Solutions LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $16,083,000. Northwest Wealth Management LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 9.8% during the third quarter. Northwest Wealth Management LLC now owns 116,123 shares of the company’s stock worth $6,648,000 after purchasing an additional 10,370 shares during the period. Atlas Wealth LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 28.4% during the second quarter. Atlas Wealth LLC now owns 21,430 shares of the company’s stock worth $1,130,000 after purchasing an additional 4,734 shares during the period. Focus Partners Advisor Solutions LLC raised its position in Avantis U.S. Small Cap Equity ETF by 22.2% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 123,199 shares of the company’s stock worth $6,353,000 after buying an additional 22,347 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 271.3% in the second quarter. Creative Planning now owns 617,070 shares of the company’s stock valued at $31,822,000 after acquiring an additional 450,876 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Up 2.8%

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $63.81 on Thursday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a 52-week low of $41.58 and a 52-week high of $63.95. The company’s 50-day simple moving average is $59.46 and its 200-day simple moving average is $57.19.

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.