Herold Advisors Inc. Makes New Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Herold Advisors Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,688 shares of the company’s stock, valued at approximately $1,356,000.

Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in Avantis U.S. Small Cap Equity ETF by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock valued at $42,000 after acquiring an additional 336 shares in the last quarter. IFP Advisors Inc purchased a new position in Avantis U.S. Small Cap Equity ETF during the third quarter valued at $66,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $82,000. Team Financial Group LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2,831.8% in the first quarter. Team Financial Group LLC now owns 1,935 shares of the company’s stock valued at $121,000 after purchasing an additional 1,869 shares during the period. Finally, Bank of New Hampshire purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the fourth quarter worth about $115,000.

Avantis U.S. Small Cap Equity ETF Price Performance

AVSC stock traded down $0.04 during trading on Monday, hitting $69.26. The stock had a trading volume of 36,297 shares, compared to its average volume of 130,630. Avantis U.S. Small Cap Equity ETF has a twelve month low of $54.31 and a twelve month high of $75.30. The company’s 50-day moving average price is $71.72 and its two-hundred day moving average price is $70.31. The stock has a market capitalization of $3.06 billion, a P/E ratio of 14.03 and a beta of 1.03.

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.