Seed Wealth Management Inc. Makes New $645,000 Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Seed Wealth Management Inc. purchased a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 3rd quarter, HoldingsChannel reports. The firm purchased 9,910 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds have also added to or reduced their stakes in the company. Atwood & Palmer Inc. purchased a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at $35,992,000. Shore Point Advisors LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth $30,750,000. Retirement Financial Solutions LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 1.9% in the 1st quarter. Retirement Financial Solutions LLC now owns 376,850 shares of the company’s stock worth $23,478,000 after purchasing an additional 6,967 shares during the period. FAS Wealth Partners Inc. lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 2.0% in the 1st quarter. FAS Wealth Partners Inc. now owns 277,447 shares of the company’s stock worth $17,285,000 after purchasing an additional 5,394 shares during the period. Finally, Corient Private Wealth LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 5.4% in the 4th quarter. Corient Private Wealth LLC now owns 214,423 shares of the company’s stock worth $12,595,000 after purchasing an additional 11,026 shares during the period.

Avantis U.S. Small Cap Equity ETF Trading Up 1.5%

Shares of AVSC opened at $70.27 on Wednesday. The firm’s 50-day moving average price is $71.55 and its 200-day moving average price is $70.42. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. Avantis U.S. Small Cap Equity ETF has a 1-year low of $54.31 and a 1-year high of $75.30.

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.