Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Hits New 1-Year High – Here’s What Happened

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $65.93 and last traded at $65.17, with a volume of 85373 shares traded. The stock had previously closed at $65.25.

Avantis U.S. Small Cap Equity ETF Stock Up 1.2%

The stock has a market capitalization of $2.37 billion, a PE ratio of 14.03 and a beta of 1.10. The stock’s 50-day moving average is $61.73 and its 200 day moving average is $58.36.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

A number of hedge funds have recently modified their holdings of AVSC. Evolution Wealth Management Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF in the 2nd quarter worth about $25,000. Rothschild Investment LLC grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 576.9% in the 4th quarter. Rothschild Investment LLC now owns 440 shares of the company’s stock valued at $26,000 after buying an additional 375 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $27,000. YANKCOM Partnership acquired a new position in Avantis U.S. Small Cap Equity ETF in the third quarter worth approximately $29,000. Finally, Global Retirement Partners LLC raised its position in Avantis U.S. Small Cap Equity ETF by 82.4% during the third quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock valued at $31,000 after acquiring an additional 248 shares in the last quarter.

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.