Paul R. Ried Financial Group LLC Purchases New Shares in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Paul R. Ried Financial Group LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,976 shares of the company’s stock, valued at approximately $1,249,000. Avantis U.S. Small Cap Equity ETF makes up approximately 0.9% of Paul R. Ried Financial Group LLC’s holdings, making the stock its 18th biggest holding. Paul R. Ried Financial Group LLC owned 0.12% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in AVSC. Creative Planning boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 384.9% during the second quarter. Creative Planning now owns 36,330 shares of the company’s stock valued at $1,813,000 after buying an additional 28,837 shares during the period. GEM Asset Management LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 18.3% during the third quarter. GEM Asset Management LLC now owns 6,328 shares of the company’s stock worth $336,000 after purchasing an additional 980 shares during the last quarter. Simplicity Wealth LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 823.4% during the third quarter. Simplicity Wealth LLC now owns 151,138 shares of the company’s stock valued at $8,164,000 after purchasing an additional 134,770 shares during the period. Lion Street Advisors LLC boosted its position in Avantis U.S. Small Cap Equity ETF by 4.7% in the 3rd quarter. Lion Street Advisors LLC now owns 7,789 shares of the company’s stock valued at $421,000 after buying an additional 347 shares during the period. Finally, Level Financial Advisors grew its stake in Avantis U.S. Small Cap Equity ETF by 32.8% in the 3rd quarter. Level Financial Advisors now owns 46,718 shares of the company’s stock worth $2,524,000 after acquiring an additional 11,533 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

Avantis U.S. Small Cap Equity ETF stock opened at $54.49 on Tuesday. The company has a 50 day moving average price of $56.04 and a 200-day moving average price of $54.71. The company has a market capitalization of $1.09 billion, a PE ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $47.76 and a fifty-two week high of $60.28.

Avantis U.S. Small Cap Equity ETF 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.