Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Sets New 52-Week High – Should You Buy?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSCGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $74.14 and last traded at $74.08, with a volume of 6972 shares. The stock had previously closed at $73.70.

Avantis U.S. Small Cap Equity ETF Stock Performance

The firm has a 50 day moving average of $71.64 and a two-hundred day moving average of $67.16. The stock has a market cap of $3.12 billion, a P/E ratio of 14.03 and a beta of 1.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AVSC. JPMorgan Chase & Co. grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 271.7% in the second quarter. JPMorgan Chase & Co. now owns 64,720 shares of the company’s stock worth $3,338,000 after acquiring an additional 47,309 shares during the last quarter. Raymond James Financial Inc. raised its stake in Avantis U.S. Small Cap Equity ETF by 33.8% during the 2nd quarter. Raymond James Financial Inc. now owns 35,803 shares of the company’s stock valued at $1,846,000 after purchasing an additional 9,044 shares during the last quarter. MML Investors Services LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 14.7% during the 2nd quarter. MML Investors Services LLC now owns 72,378 shares of the company’s stock valued at $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% in the 2nd quarter. Osaic Holdings Inc. now owns 2,969 shares of the company’s stock valued at $153,000 after purchasing an additional 1,563 shares during the period. Finally, Cresset Asset Management LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 39.0% in the 3rd quarter. Cresset Asset Management LLC now owns 7,102 shares of the company’s stock valued at $407,000 after purchasing an additional 1,992 shares during the period.

Avantis U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

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.

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