Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Sets New 1-Year High – Here’s What Happened

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $71.89 and last traded at $71.83, with a volume of 1063 shares traded. The stock had previously closed at $70.51.

Avantis U.S. Small Cap Equity ETF Stock Up 0.3%

The firm has a market capitalization of $2.82 billion, a P/E ratio of 14.03 and a beta of 1.04. The business’s 50-day simple moving average is $67.50 and its 200 day simple moving average is $63.83.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

Large investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 576.9% in the fourth quarter. Rothschild Investment LLC now owns 440 shares of the company’s stock valued at $26,000 after acquiring an additional 375 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 100.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock valued at $42,000 after purchasing an additional 336 shares during the period. Evolution Wealth Management Inc. increased its holdings in Avantis U.S. Small Cap Equity ETF by 122.5% during the 4th quarter. Evolution Wealth Management Inc. now owns 839 shares of the company’s stock valued at $49,000 after purchasing an additional 462 shares during the period. Brown Brothers Harriman & Co. bought a new position in Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $50,000. Finally, MCF Advisors LLC bought a new position in Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $74,000.

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.