AE Wealth Management LLC Has $31.70 Million Stake in Avantis U.S. Small Cap Equity ETF $AVSC

AE Wealth Management LLC increased its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 18.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 553,727 shares of the company’s stock after acquiring an additional 87,605 shares during the quarter. AE Wealth Management LLC owned 1.61% of Avantis U.S. Small Cap Equity ETF worth $31,701,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the second quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at about $27,000. YANKCOM Partnership bought a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at about $29,000. Global Retirement Partners LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 82.4% during the 3rd quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock worth $31,000 after buying an additional 248 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Avantis U.S. Small Cap Equity ETF in the third quarter worth approximately $40,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $62.49 on Thursday. The stock has a market capitalization of $2.28 billion, a PE 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 $64.81. The stock has a 50 day moving average price of $60.22 and a two-hundred day moving average price of $57.51.

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.