Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Hits New 1-Year High – Still a Buy?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $66.00 and last traded at $65.98, with a volume of 103620 shares traded. The stock had previously closed at $65.32.

Avantis U.S. Small Cap Equity ETF Trading Up 1.0%

The company has a 50 day moving average price of $63.36 and a 200 day moving average price of $60.49. The firm has a market cap of $2.57 billion, a PE ratio of 14.03 and a beta of 1.07.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

Institutional investors have recently modified their holdings of the company. Rothschild Investment LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 576.9% during the 4th quarter. Rothschild Investment LLC now owns 440 shares of the company’s stock worth $26,000 after acquiring an additional 375 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $27,000. Evolution Wealth Management Inc. purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 2nd quarter worth approximately $25,000. YANKCOM Partnership purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $29,000. Finally, Global Retirement Partners LLC boosted its stake in shares of 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 acquiring an additional 248 shares in the last quarter.

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.