Freedom Investment Management Inc. Buys Shares of 176,230 Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Freedom Investment Management Inc. purchased a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 176,230 shares of the company’s stock, valued at approximately $9,520,000. Avantis U.S. Small Cap Equity ETF comprises about 0.8% of Freedom Investment Management Inc.’s holdings, making the stock its 26th largest holding. Freedom Investment Management Inc. owned approximately 0.88% of Avantis U.S. Small Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter worth $66,000. Sequent Asset Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $209,000. Arista Wealth Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $211,000. Hutchens & Kramer Investment Management Group LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the third quarter worth about $217,000. Finally, Northwest Wealth Management LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $226,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

NYSEARCA:AVSC opened at $58.85 on Wednesday. The stock has a market capitalization of $1.17 billion, a P/E ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $44.70 and a fifty-two week high of $60.28. The company has a 50 day moving average price of $55.02 and a 200 day moving average price of $52.95.

Avantis U.S. Small Cap Equity ETF Company 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.