Aire Advisors LLC Cuts Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Aire Advisors LLC reduced its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 2.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 29,668 shares of the company’s stock after selling 731 shares during the quarter. Aire Advisors LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $1,613,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AVSC. Mason Investment Advisory Services Inc. raised its holdings in shares of Avantis U.S. Small Cap Equity ETF by 0.7% in the fourth quarter. Mason Investment Advisory Services Inc. now owns 3,361,437 shares of the company’s stock valued at $182,728,000 after purchasing an additional 24,750 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in Avantis U.S. Small Cap Equity ETF by 5.4% in the fourth quarter. Atlantic Union Bankshares Corp now owns 565,887 shares of the company’s stock worth $30,762,000 after acquiring an additional 29,061 shares during the period. Elwood & Goetz Wealth Advisory Group LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 4.4% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 564,006 shares of the company’s stock valued at $30,659,000 after acquiring an additional 24,005 shares during the period. Wealth Management Nebraska purchased a new stake in Avantis U.S. Small Cap Equity ETF in the fourth quarter worth $28,807,000. Finally, PrairieView Partners LLC boosted its position in Avantis U.S. Small Cap Equity ETF by 420.5% during the fourth quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock worth $23,163,000 after purchasing an additional 344,238 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

NYSEARCA:AVSC opened at $50.41 on Tuesday. Avantis U.S. Small Cap Equity ETF has a 1 year low of $47.79 and a 1 year high of $60.28. The company has a market cap of $1.47 billion, a P/E ratio of 14.24 and a beta of 1.10. The stock’s fifty day moving average price is $53.11 and its two-hundred day moving average price is $54.44.

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.