Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Purchased by Mattern Wealth Management LLC

Mattern Wealth Management LLC raised its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 371.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,026 shares of the company’s stock after purchasing an additional 26,802 shares during the period. Mattern Wealth Management LLC owned about 0.17% of Avantis U.S. Small Cap Equity ETF worth $1,838,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. West Paces Advisors Inc. bought a new position in Avantis U.S. Small Cap Equity ETF during the first quarter valued at about $157,000. Hutchens & Kramer Investment Management Group LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $217,000. Kingfisher Capital LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 2nd quarter worth approximately $237,000. Dover Advisors LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $250,000. Finally, Index Fund Advisors Inc. raised its position in Avantis U.S. Small Cap Equity ETF by 6.7% in the 1st quarter. Index Fund Advisors Inc. now owns 5,179 shares of the company’s stock valued at $271,000 after purchasing an additional 327 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA AVSC traded down $0.18 during midday trading on Tuesday, hitting $53.94. The stock had a trading volume of 7,000 shares, compared to its average volume of 89,343. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $40.99 and a fifty-two week high of $57.31. The company’s 50-day simple moving average is $53.31 and its 200 day simple moving average is $51.79. The firm has a market cap of $1.08 billion, a P/E ratio of 10.76 and a beta of 1.18.

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.