Avantis U.S. Small Cap Equity ETF $AVSC Shares Acquired by Lam Group Inc.

Lam Group Inc. lifted its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 90.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,335 shares of the company’s stock after purchasing an additional 9,180 shares during the quarter. Lam Group Inc. owned about 0.05% of Avantis U.S. Small Cap Equity ETF worth $1,136,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Networth Advisors LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth $3,405,000. O Brien Wealth Partners LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth $210,000. West Paces Advisors Inc. grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 0.7% during the 4th quarter. West Paces Advisors Inc. now owns 262,807 shares of the company’s stock worth $15,437,000 after purchasing an additional 1,734 shares during the period. StrongBox Wealth LLC grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 36.0% during the 4th quarter. StrongBox Wealth LLC now owns 31,025 shares of the company’s stock worth $1,822,000 after purchasing an additional 8,205 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth $427,000.

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

Shares of NYSEARCA AVSC opened at $66.23 on Wednesday. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 14.03 and a beta of 1.07. Avantis U.S. Small Cap Equity ETF has a 52 week low of $43.47 and a 52 week high of $66.53. The company’s 50-day moving average price is $63.46 and its 200 day moving average price is $60.61.

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.