Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 5.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,953 shares of the company’s stock after purchasing an additional 208 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $215,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AVSC. Wealth Management Nebraska purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the fourth quarter worth $28,807,000. PrairieView Partners LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 420.5% during the 4th quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock worth $23,163,000 after purchasing an additional 344,238 shares during the period. Northwest Wealth Management LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 2,027.0% during the 4th quarter. Northwest Wealth Management LLC now owns 89,038 shares of the company’s stock worth $4,840,000 after purchasing an additional 84,852 shares during the period. Haven Private LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at about $3,455,000. Finally, B&D White Capital Company LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 96.3% in the 4th quarter. B&D White Capital Company LLC now owns 74,836 shares of the company’s stock valued at $4,068,000 after buying an additional 36,708 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Performance

AVSC stock opened at $48.54 on Friday. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $47.79 and a fifty-two week high of $60.28. The company’s 50 day moving average price is $52.68 and its 200 day moving average price is $54.35. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 14.24 and a beta of 1.10.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.1386 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Avantis U.S. Small Cap Equity ETF 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.