Farther Finance Advisors LLC Sells 27,280 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Farther Finance Advisors LLC lowered its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 61.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,136 shares of the company’s stock after selling 27,280 shares during the quarter. Farther Finance Advisors LLC owned about 0.05% of Avantis U.S. Small Cap Equity ETF worth $981,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the second quarter worth $25,000. Osaic Holdings Inc. raised its holdings in Avantis U.S. Small Cap Equity ETF by 111.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,969 shares of the company’s stock worth $153,000 after acquiring an additional 1,563 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF during the 2nd quarter worth $188,000. Summit Financial Wealth Advisors LLC acquired a new position in Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $225,000. Finally, Hutchens & Kramer Investment Management Group LLC bought a new stake in Avantis U.S. Small Cap Equity ETF during the second quarter valued at about $226,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of NYSEARCA:AVSC opened at $59.88 on Monday. The stock’s 50-day moving average is $58.12 and its 200-day moving average is $55.99. The company has a market cap of $2.07 billion, a P/E ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a 52-week low of $41.58 and a 52-week high of $61.23.

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.