Magnolia Private Wealth LLC Takes Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Magnolia Private Wealth LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,865 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVSC. PCG Wealth Advisors LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2.1% during the 4th quarter. PCG Wealth Advisors LLC now owns 16,450 shares of the company’s stock valued at $894,000 after acquiring an additional 340 shares during the period. Lion Street Advisors LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 4.6% in the fourth quarter. Lion Street Advisors LLC now owns 8,150 shares of the company’s stock valued at $443,000 after purchasing an additional 361 shares during the period. Sequent Asset Management LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 11.7% in the fourth quarter. Sequent Asset Management LLC now owns 4,328 shares of the company’s stock valued at $235,000 after buying an additional 455 shares in the last quarter. Index Fund Advisors Inc. raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.3% during the 4th quarter. Index Fund Advisors Inc. now owns 7,726 shares of the company’s stock worth $420,000 after buying an additional 458 shares during the period. Finally, Fifth Third Bancorp purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $25,000.

Avantis U.S. Small Cap Equity ETF Stock Down 0.2 %

AVSC opened at $52.63 on Wednesday. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 52-week low of $47.79 and a 52-week high of $60.28. The firm’s fifty day simple moving average is $54.74 and its two-hundred day simple moving average is $54.84.

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.