Beaird Harris Wealth Management LLC Cuts Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Beaird Harris Wealth Management LLC reduced its position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 8.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 126,813 shares of the company’s stock after selling 11,570 shares during the period. Avantis U.S. Small Cap Equity ETF accounts for 0.6% of Beaird Harris Wealth Management LLC’s portfolio, making the stock its 27th biggest position. Beaird Harris Wealth Management LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $6,329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of AVSC. Kingfisher Capital LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the second quarter worth approximately $237,000. Goepper Burkhardt LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 9.8% during the 2nd quarter. Goepper Burkhardt LLC now owns 22,575 shares of the company’s stock worth $1,127,000 after buying an additional 2,010 shares during the period. DHK Financial Advisors Inc. purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 2nd quarter valued at approximately $447,000. Envestnet Asset Management Inc. grew its stake in Avantis U.S. Small Cap Equity ETF by 11.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,630,989 shares of the company’s stock valued at $530,593,000 after acquiring an additional 1,086,543 shares during the period. Finally, Hardin Capital Partners LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 2nd quarter worth $345,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

NYSEARCA:AVSC opened at $53.82 on Friday. The company has a fifty day moving average of $53.15 and a two-hundred day moving average of $51.46. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $40.99 and a fifty-two week high of $57.31. The stock has a market capitalization of $1.07 billion, a PE ratio of 10.76 and a beta of 1.18.

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.