Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Trading Down 0.4% – What’s Next?

Shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) traded down 0.4% on Thursday . The company traded as low as $53.28 and last traded at $53.95. 65,863 shares changed hands during trading, an increase of 13% from the average session volume of 58,113 shares. The stock had previously closed at $54.18.

Avantis U.S. Small Cap Equity ETF Stock Down 0.4 %

The firm has a market cap of $1.08 billion, a P/E ratio of 10.76 and a beta of 1.18. The business’s 50 day moving average is $56.60 and its 200-day moving average is $54.14.

Institutional Trading of Avantis U.S. Small Cap Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVSC. Lion Street Advisors LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 4.7% during the third quarter. Lion Street Advisors LLC now owns 7,789 shares of the company’s stock worth $421,000 after acquiring an additional 347 shares during the period. Waypoint Capital Advisors LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 0.3% during the third quarter. Waypoint Capital Advisors LLC now owns 185,633 shares of the company’s stock valued at $10,028,000 after purchasing an additional 597 shares during the last quarter. Creative Planning raised its position in shares of Avantis U.S. Small Cap Equity ETF by 2.0% during the 3rd quarter. Creative Planning now owns 37,053 shares of the company’s stock worth $2,002,000 after purchasing an additional 723 shares during the period. Caprock Group LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 10.8% in the 3rd quarter. Caprock Group LLC now owns 9,581 shares of the company’s stock worth $518,000 after purchasing an additional 933 shares during the last quarter. Finally, GEM Asset Management LLC boosted its position in Avantis U.S. Small Cap Equity ETF by 18.3% during the 3rd quarter. GEM Asset Management LLC now owns 6,328 shares of the company’s stock valued at $336,000 after purchasing an additional 980 shares during the period.

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.