Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Reaches New 12-Month High – What’s Next?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) shares reached a new 52-week high on Wednesday . The company traded as high as $72.00 and last traded at $72.00, with a volume of 11994 shares traded. The stock had previously closed at $70.84.

Avantis U.S. Small Cap Equity ETF Stock Up 1.2%

The stock’s 50 day moving average price is $68.42 and its 200-day moving average price is $64.43. The stock has a market capitalization of $2.82 billion, a PE ratio of 14.03 and a beta of 1.04.

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

A number of institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC raised its holdings in Avantis U.S. Small Cap Equity ETF by 576.9% during 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 grew its position in shares of 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 worth $42,000 after purchasing an additional 336 shares in the last quarter. Evolution Wealth Management Inc. raised its stake 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. purchased a new position in Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $50,000. Finally, MCF Advisors LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $74,000.

Avantis U.S. Small Cap Equity ETF Company 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.