Foundations Investment Advisors LLC Raises Stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Foundations Investment Advisors LLC boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 24.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,698 shares of the company’s stock after acquiring an additional 32,020 shares during the period. Foundations Investment Advisors LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $8,681,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in Avantis U.S. Small Cap Equity ETF by 11.4% during 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. Northwestern Mutual Wealth Management Co. raised its holdings in Avantis U.S. Small Cap Equity ETF by 12.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 733,492 shares of the company’s stock worth $36,609,000 after buying an additional 79,488 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in Avantis U.S. Small Cap Equity ETF by 11.4% in the second quarter. Atlantic Union Bankshares Corp now owns 505,311 shares of the company’s stock worth $25,220,000 after buying an additional 51,637 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC raised its holdings in Avantis U.S. Small Cap Equity ETF by 9.4% in the second quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 505,225 shares of the company’s stock worth $25,216,000 after buying an additional 43,494 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in Avantis U.S. Small Cap Equity ETF by 10.2% in the second quarter. American Century Companies Inc. now owns 256,120 shares of the company’s stock worth $12,783,000 after buying an additional 23,602 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of Avantis U.S. Small Cap Equity ETF stock opened at $54.12 on Tuesday. The stock has a market capitalization of $1.08 billion, a PE ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 52-week low of $40.99 and a 52-week high of $57.31. The company has a 50-day simple moving average of $53.31 and a two-hundred day simple moving average of $51.79.

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.