Avantis U.S. Small Cap Equity ETF $AVSC Shares Newly Bought by Shore Point Advisors LLC

Shore Point Advisors LLC bought a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 444,747 shares of the company’s stock, valued at approximately $30,750,000. Avantis U.S. Small Cap Equity ETF comprises about 8.0% of Shore Point Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding.

Other large investors have also recently made changes to their positions in the company. Stone Summit Wealth LLC bought a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $219,000. XY Planning Network Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth about $687,000. Financial Architects LLC bought a new stake in Avantis U.S. Small Cap Equity ETF in the third quarter worth about $307,000. GEM Asset Management LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $386,000. Finally, Vestment Financial LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter worth about $4,471,000.

Avantis U.S. Small Cap Equity ETF Price Performance

AVSC stock traded down $1.17 during mid-day trading on Wednesday, reaching $68.89. The company had a trading volume of 59,911 shares, compared to its average volume of 130,254. The company has a market capitalization of $3.01 billion, a PE ratio of 14.03 and a beta of 1.03. The firm has a 50 day moving average of $72.01 and a 200 day moving average of $70.14. Avantis U.S. Small Cap Equity ETF has a 12 month low of $54.31 and a 12 month high of $75.30.

Avantis U.S. Small Cap Equity ETF 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.