Approach Retirement Advisors LLC Invests $837,000 in Avantis U.S. Small Cap Equity ETF $AVSC

Approach Retirement Advisors LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,251 shares of the company’s stock, valued at approximately $837,000. Avantis U.S. Small Cap Equity ETF makes up about 0.7% of Approach Retirement Advisors LLC’s portfolio, making the stock its 29th largest holding.

Several other large investors have also added to or reduced their stakes in AVSC. JPMorgan Chase & Co. boosted its holdings in Avantis U.S. Small Cap Equity ETF by 271.7% during the second quarter. JPMorgan Chase & Co. now owns 64,720 shares of the company’s stock worth $3,338,000 after purchasing an additional 47,309 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Avantis U.S. Small Cap Equity ETF by 33.8% during the second quarter. Raymond James Financial Inc. now owns 35,803 shares of the company’s stock worth $1,846,000 after purchasing an additional 9,044 shares during the last quarter. MML Investors Services LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 14.7% during the second quarter. MML Investors Services LLC now owns 72,378 shares of the company’s stock worth $3,733,000 after purchasing an additional 9,264 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Avantis U.S. Small Cap Equity ETF by 111.2% during the second quarter. Osaic Holdings Inc. now owns 2,969 shares of the company’s stock worth $153,000 after purchasing an additional 1,563 shares during the last quarter. Finally, CWM LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 489,951.4% during the third quarter. CWM LLC now owns 171,518 shares of the company’s stock worth $9,819,000 after purchasing an additional 171,483 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Up 0.4%

Shares of AVSC opened at $67.79 on Friday. Avantis U.S. Small Cap Equity ETF has a 12 month low of $45.55 and a 12 month high of $68.55. The firm has a fifty day simple moving average of $63.88 and a 200 day simple moving average of $61.11. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 14.03 and a beta of 1.07.

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.