Avantis U.S. Small Cap Equity ETF $AVSC Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 94.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 639,654 shares of the company’s stock after selling 11,951,859 shares during the quarter. Envestnet Asset Management Inc. owned 1.85% of Avantis U.S. Small Cap Equity ETF worth $36,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at approximately $27,000. Evolution Wealth Management Inc. acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 2nd quarter worth $25,000. YANKCOM Partnership purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at about $29,000. Global Retirement Partners LLC lifted its stake in shares of Avantis U.S. Small Cap Equity ETF by 82.4% in the third quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock valued at $31,000 after purchasing an additional 248 shares during the period. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $40,000.

Avantis U.S. Small Cap Equity ETF Trading Down 0.1%

Shares of AVSC opened at $65.25 on Wednesday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $65.68. The firm has a market capitalization of $2.39 billion, a P/E ratio of 14.03 and a beta of 1.10. The firm’s 50-day moving average is $61.41 and its two-hundred day moving average is $58.20.

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.