ORBA Wealth Advisors L.L.C. Buys New Stake in Avantis U.S. Small Cap Equity ETF $AVSC

ORBA Wealth Advisors L.L.C. bought a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, HoldingsChannel reports. The institutional investor bought 19,690 shares of the company’s stock, valued at approximately $1,361,000. Avantis U.S. Small Cap Equity ETF accounts for 1.2% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 24th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evanson Financial LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the third quarter worth $3,691,000. Anderson Hoagland & Co. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at $14,936,000. Simplicity Wealth LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at $20,243,000. Gibson Capital LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $2,264,000. Finally, Prudent Investor Advisors LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $1,421,000.

Avantis U.S. Small Cap Equity ETF Trading Down 0.4%

AVSC opened at $70.68 on Friday. The stock’s 50-day moving average price is $71.29 and its 200 day moving average price is $70.52. Avantis U.S. Small Cap Equity ETF has a 12-month low of $54.31 and a 12-month high of $75.30. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03.

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.