American Century Companies Inc. Acquires 25,429 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

American Century Companies Inc. raised its holdings in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 7.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 349,401 shares of the company’s stock after buying an additional 25,429 shares during the period. American Century Companies Inc. owned about 1.07% of Avantis U.S. Small Cap Equity ETF worth $18,019,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 2nd quarter valued at $188,000. Hutchens & Kramer Investment Management Group LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the second quarter valued at $226,000. SC&H Financial Advisors Inc. purchased a new position in Avantis U.S. Small Cap Equity ETF during the second quarter valued at $231,000. Benchmark Wealth Management LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 37.8% during the second quarter. Benchmark Wealth Management LLC now owns 7,690 shares of the company’s stock valued at $397,000 after purchasing an additional 2,111 shares during the period. Finally, Bridgewater Advisors Inc. increased its position in Avantis U.S. Small Cap Equity ETF by 5.1% in the second quarter. Bridgewater Advisors Inc. now owns 8,319 shares of the company’s stock worth $446,000 after buying an additional 403 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Down 0.2%

NYSEARCA AVSC opened at $58.06 on Wednesday. Avantis U.S. Small Cap Equity ETF has a 52 week low of $41.58 and a 52 week high of $59.37. The company has a market capitalization of $2.00 billion, a P/E ratio of 14.03 and a beta of 1.10. The stock’s 50-day moving average price is $57.18 and its 200-day moving average price is $54.73.

Avantis U.S. Small Cap Equity ETF 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.