Wealth Enhancement Advisory Services LLC Lowers Stock Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Wealth Enhancement Advisory Services LLC lowered its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 11.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,052 shares of the company’s stock after selling 1,190 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $492,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 5.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,953 shares of the company’s stock worth $215,000 after acquiring an additional 208 shares during the period. Tillman Hartley LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 1.8% in the 4th quarter. Tillman Hartley LLC now owns 23,973 shares of the company’s stock valued at $1,303,000 after acquiring an additional 420 shares during the period. Beacon Pointe Advisors LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 2.3% in the 4th quarter. Beacon Pointe Advisors LLC now owns 25,855 shares of the company’s stock valued at $1,405,000 after acquiring an additional 589 shares during the period. Mariner LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 12.4% in the fourth quarter. Mariner LLC now owns 5,496 shares of the company’s stock valued at $299,000 after purchasing an additional 605 shares in the last quarter. Finally, Hardin Capital Partners LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 7.3% during the 4th quarter. Hardin Capital Partners LLC now owns 9,453 shares of the company’s stock worth $514,000 after acquiring an additional 641 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Down 0.5%

Shares of NYSEARCA:AVSC opened at $51.03 on Friday. The company has a market capitalization of $1.57 billion, a PE ratio of 14.57 and a beta of 1.11. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $60.28. The firm has a 50 day simple moving average of $47.75 and a 200-day simple moving average of $51.62.

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.