Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Down 0.4% – Should You Sell?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) shares traded down 0.4% during trading on Thursday . The stock traded as low as $53.28 and last traded at $53.95. 65,863 shares were traded during trading, an increase of 13% from the average session volume of 58,113 shares. The stock had previously closed at $54.18.

Avantis U.S. Small Cap Equity ETF Stock Down 2.4 %

The firm has a 50 day moving average price of $56.59 and a two-hundred day moving average price of $54.17. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18.

Institutional Trading of Avantis U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 9.6% in the third quarter. MML Investors Services LLC now owns 60,451 shares of the company’s stock valued at $3,266,000 after acquiring an additional 5,297 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $325,000. Atlantic Union Bankshares Corp boosted its position in shares of 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 acquiring an additional 31,515 shares during the last quarter. Kingfisher Capital LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 45.5% during the third quarter. Kingfisher Capital LLC now owns 6,921 shares of the company’s stock valued at $374,000 after purchasing an additional 2,165 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in Avantis U.S. Small Cap Equity ETF by 46.9% during the third quarter. Rockefeller Capital Management L.P. now owns 28,390 shares of the company’s stock valued at $1,534,000 after purchasing an additional 9,070 shares during the period.

About Avantis U.S. Small Cap Equity ETF

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.