Orion Portfolio Solutions LLC Acquires Shares of 6,016 Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Orion Portfolio Solutions LLC acquired a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,016 shares of the company’s stock, valued at approximately $325,000.

A number of other large investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its position in Avantis U.S. Small Cap Equity ETF by 11.4% in the second quarter. Envestnet Asset Management Inc. now owns 10,630,989 shares of the company’s stock worth $530,593,000 after acquiring an additional 1,086,543 shares in the last quarter. Mason Investment Advisory Services Inc. lifted its stake in shares of Avantis U.S. Small Cap Equity ETF by 0.3% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 3,336,687 shares of the company’s stock valued at $180,248,000 after purchasing an additional 11,177 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 733,492 shares of the company’s stock worth $36,609,000 after purchasing an additional 79,488 shares during the period. Elwood & Goetz Wealth Advisory Group LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 6.9% during the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 540,001 shares of the company’s stock valued at $29,171,000 after purchasing an additional 34,776 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in Avantis U.S. Small Cap Equity ETF by 6.2% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 536,826 shares of the company’s stock valued at $28,999,000 after buying an additional 31,515 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Down 4.3 %

NYSEARCA AVSC opened at $54.35 on Thursday. Avantis U.S. Small Cap Equity ETF has a 52 week low of $47.45 and a 52 week high of $60.28. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18. The company has a fifty day moving average of $56.51 and a two-hundred day moving average of $53.69.

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.