Ariadne Wealth Management LP Lowers Position in Avantis U.S. Small Cap Equity ETF $AVSC

Ariadne Wealth Management LP reduced its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 82.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,792 shares of the company’s stock after selling 26,854 shares during the quarter. Ariadne Wealth Management LP’s holdings in Avantis U.S. Small Cap Equity ETF were worth $371,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. B&D White Capital Company LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $5,954,000. Kestra Advisory Services LLC raised its position in Avantis U.S. Small Cap Equity ETF by 47.9% in the 4th quarter. Kestra Advisory Services LLC now owns 29,016 shares of the company’s stock valued at $1,704,000 after buying an additional 9,399 shares during the last quarter. Stifel Financial Corp purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $242,000. Smartleaf Asset Management LLC raised its position in Avantis U.S. Small Cap Equity ETF by 99.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,925 shares of the company’s stock valued at $114,000 after buying an additional 959 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $259,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $71.22 on Friday. Avantis U.S. Small Cap Equity ETF has a 1 year low of $49.58 and a 1 year high of $71.69. The firm has a market cap of $2.81 billion, a PE ratio of 14.03 and a beta of 1.04. The stock has a fifty day moving average price of $67.50 and a 200-day moving average price of $63.78.

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.