Simplicity Wealth LLC Purchases New Stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Simplicity Wealth LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 198,727 shares of the company’s stock, valued at approximately $9,618,000. Avantis U.S. Small Cap Equity ETF makes up approximately 0.7% of Simplicity Wealth LLC’s portfolio, making the stock its 23rd largest holding. Simplicity Wealth LLC owned about 0.69% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 16,790.0% during the fourth quarter. Signaturefd LLC now owns 1,689 shares of the company’s stock worth $92,000 after acquiring an additional 1,679 shares during the period. Accredited Wealth Management LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $109,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $177,000. Lionshead Wealth Management LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $214,000. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 5.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,953 shares of the company’s stock valued at $215,000 after purchasing an additional 208 shares during the period.

Avantis U.S. Small Cap Equity ETF Trading Up 0.8%

Shares of NYSEARCA AVSC opened at $51.01 on Tuesday. Avantis U.S. Small Cap Equity ETF has a one year low of $41.58 and a one year high of $60.28. The firm has a market capitalization of $1.57 billion, a PE ratio of 14.57 and a beta of 1.11. The business has a 50-day moving average price of $47.32 and a two-hundred day moving average price of $51.68.

Avantis U.S. Small Cap Equity ETF Company 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.