Commonwealth Equity Services LLC Acquires 24,349 Shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Commonwealth Equity Services LLC increased its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 189.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 37,185 shares of the company’s stock after buying an additional 24,349 shares during the period. Commonwealth Equity Services LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $1,947,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Level Financial Advisors Inc. grew its holdings in Avantis U.S. Small Cap Equity ETF by 42.1% during the fourth quarter. Level Financial Advisors Inc. now owns 15,690 shares of the company’s stock valued at $801,000 after purchasing an additional 4,652 shares during the period. Beacon Pointe Advisors LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 40.0% during the fourth quarter. Beacon Pointe Advisors LLC now owns 21,346 shares of the company’s stock valued at $1,090,000 after purchasing an additional 6,104 shares during the period. Tortoise Investment Management LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 26.7% during the fourth quarter. Tortoise Investment Management LLC now owns 13,461 shares of the company’s stock valued at $651,000 after purchasing an additional 2,840 shares during the period. Aire Advisors LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 217.9% during the fourth quarter. Aire Advisors LLC now owns 31,188 shares of the company’s stock worth $1,593,000 after acquiring an additional 21,377 shares in the last quarter. Finally, LexAurum Advisors LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 4.3% during the fourth quarter. LexAurum Advisors LLC now owns 21,898 shares of the company’s stock worth $1,118,000 after acquiring an additional 900 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA:AVSC traded down $0.55 during trading on Friday, hitting $49.00. 41,455 shares of the company were exchanged, compared to its average volume of 90,182. The company has a market cap of $977.55 million, a PE ratio of 10.76 and a beta of 1.18. The stock has a 50 day moving average of $50.44 and a 200 day moving average of $50.22. Avantis U.S. Small Cap Equity ETF has a 52-week low of $40.99 and a 52-week high of $52.67.

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.