Raymond James Financial Inc. Invests $932,000 in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Raymond James Financial Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,152 shares of the company’s stock, valued at approximately $932,000. Raymond James Financial Inc. owned 0.09% 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 bought and sold shares of the company. Proficio Capital Partners LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at $1,439,000. Mason Investment Advisory Services Inc. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 0.7% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 3,361,437 shares of the company’s stock worth $182,728,000 after purchasing an additional 24,750 shares during the period. QRG Capital Management Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the fourth quarter worth about $358,000. Magnolia Private Wealth LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at about $319,000. Finally, B&D White Capital Company LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 96.3% during 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 purchasing an additional 36,708 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Performance

NYSEARCA AVSC opened at $43.74 on Friday. The stock has a market cap of $1.26 billion, a P/E ratio of 14.20 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $42.55 and a fifty-two week high of $60.28. The stock has a 50 day simple moving average of $51.81 and a two-hundred day simple moving average of $54.17.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.1386 dividend. 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.