Sequent Asset Management LLC Takes Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Sequent Asset Management LLC bought a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,873 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in shares of Avantis U.S. Small Cap Equity ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,630,989 shares of the company’s stock valued at $530,593,000 after purchasing an additional 1,086,543 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 12.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 733,492 shares of the company’s stock worth $36,609,000 after acquiring an additional 79,488 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.9% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 540,001 shares of the company’s stock worth $29,171,000 after purchasing an additional 34,776 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Avantis U.S. Small Cap Equity ETF by 11.4% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 505,311 shares of the company’s stock worth $25,220,000 after purchasing an additional 51,637 shares during the period. Finally, Pacific Life Fund Advisors LLC lifted its position in 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 valued at $14,434,000 after purchasing an additional 168,005 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Up 0.3 %

NYSEARCA AVSC opened at $58.08 on Friday. Avantis U.S. Small Cap Equity ETF has a 52 week low of $42.17 and a 52 week high of $58.67. The company has a market capitalization of $1.16 billion, a P/E ratio of 10.76 and a beta of 1.18. The stock’s 50-day moving average price is $53.69 and its 200-day moving average price is $52.21.

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.