Sunpointe LLC Makes New Investment in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Sunpointe LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,046 shares of the company’s stock, valued at approximately $1,090,000.

Other hedge funds also recently made changes to their positions in the company. Creative Planning boosted its holdings in Avantis U.S. Small Cap Equity ETF by 2.0% during the third quarter. Creative Planning now owns 37,053 shares of the company’s stock worth $2,002,000 after buying an additional 723 shares in the last quarter. Index Fund Advisors Inc. lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 28.6% during the 3rd quarter. Index Fund Advisors Inc. now owns 7,268 shares of the company’s stock valued at $393,000 after acquiring an additional 1,618 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.9% during the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 540,001 shares of the company’s stock worth $29,171,000 after acquiring an additional 34,776 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 27.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,242 shares of the company’s stock worth $553,000 after acquiring an additional 2,181 shares during the last quarter. Finally, Pacific Life Fund Advisors LLC raised its position in shares of Avantis U.S. Small Cap Equity ETF by 169.4% during the third quarter. Pacific Life Fund Advisors LLC now owns 267,190 shares of the company’s stock worth $14,434,000 after purchasing an additional 168,005 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Down 0.7 %

Shares of NYSEARCA AVSC opened at $54.99 on Thursday. Avantis U.S. Small Cap Equity ETF has a 12 month low of $47.79 and a 12 month high of $60.28. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18. The business has a fifty day simple moving average of $55.08 and a 200-day simple moving average of $54.74.

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.