Park Avenue Securities LLC Grows Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Park Avenue Securities LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 12.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,359 shares of the company’s stock after purchasing an additional 13,995 shares during the period. Park Avenue Securities LLC owned about 0.63% of Avantis U.S. Small Cap Equity ETF worth $6,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVSC. Claro Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 1.6% in the first quarter. Claro Advisors LLC now owns 14,336 shares of the company’s stock worth $751,000 after purchasing an additional 222 shares in the last quarter. Index Fund Advisors Inc. raised its holdings in Avantis U.S. Small Cap Equity ETF by 6.7% during the first quarter. Index Fund Advisors Inc. now owns 5,179 shares of the company’s stock valued at $271,000 after acquiring an additional 327 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 6.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 8,061 shares of the company’s stock valued at $402,000 after acquiring an additional 470 shares in the last quarter. Tortoise Investment Management LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 5.2% in the fourth quarter. Tortoise Investment Management LLC now owns 11,176 shares of the company’s stock worth $571,000 after acquiring an additional 555 shares during the period. Finally, Cypress Point Wealth Management LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2.4% during the second quarter. Cypress Point Wealth Management LLC now owns 39,252 shares of the company’s stock worth $1,959,000 after purchasing an additional 938 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Up 1.5 %

Shares of NYSEARCA:AVSC traded up $0.81 during midday trading on Friday, reaching $53.46. 42,843 shares of the company were exchanged, compared to its average volume of 90,600. The stock has a market cap of $1.07 billion, a PE ratio of 10.76 and a beta of 1.18. The business’s fifty day moving average is $52.96 and its two-hundred day moving average is $51.57. Avantis U.S. Small Cap Equity ETF has a one year low of $40.99 and a one year high of $57.31.

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.