Foundry Financial Group Inc. Makes New $6.33 Million Investment in Avantis U.S. Small Cap Equity ETF $AVSC

Foundry Financial Group Inc. purchased a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the first quarter, HoldingsChannel.com reports. The fund purchased 101,532 shares of the company’s stock, valued at approximately $6,325,000. Avantis U.S. Small Cap Equity ETF accounts for approximately 3.1% of Foundry Financial Group Inc.’s holdings, making the stock its 14th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Networth Advisors LLC boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 1.1% in the 1st quarter. Networth Advisors LLC now owns 58,615 shares of the company’s stock worth $3,652,000 after purchasing an additional 641 shares in the last quarter. Lam Group Inc. increased its position in Avantis U.S. Small Cap Equity ETF by 33.8% during the 1st quarter. Lam Group Inc. now owns 25,875 shares of the company’s stock valued at $1,612,000 after buying an additional 6,540 shares in the last quarter. Foundry Financial LLC acquired a new position in Avantis U.S. Small Cap Equity ETF during the 1st quarter valued at about $214,000. Harbor Asset Planning Inc. purchased a new stake in Avantis U.S. Small Cap Equity ETF in the first quarter valued at about $286,000. Finally, Armbruster Capital Management Inc. raised its stake in Avantis U.S. Small Cap Equity ETF by 19.0% in the first quarter. Armbruster Capital Management Inc. now owns 6,100 shares of the company’s stock valued at $380,000 after buying an additional 975 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of NYSEARCA AVSC opened at $73.02 on Tuesday. The company has a market cap of $2.88 billion, a PE ratio of 14.03 and a beta of 1.04. The business has a 50-day simple moving average of $68.93 and a two-hundred day simple moving average of $64.81. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $50.78 and a fifty-two week high of $73.17.

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.