Wealth Enhancement Advisory Services LLC Trims Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Wealth Enhancement Advisory Services LLC lowered its position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 11.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,052 shares of the company’s stock after selling 1,190 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $492,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in AVSC. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth about $624,284,000. Wealth Management Nebraska acquired a new stake in Avantis U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $28,807,000. Envestnet Asset Management Inc. grew its position in shares of Avantis U.S. Small Cap Equity ETF by 3.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,321,560 shares of the company’s stock worth $669,800,000 after buying an additional 358,936 shares in the last quarter. PrairieView Partners LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 420.5% during the fourth quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock worth $23,163,000 after buying an additional 344,238 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2,023.9% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 89,055 shares of the company’s stock worth $4,841,000 after buying an additional 84,862 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Down 0.5%

AVSC stock opened at $51.03 on Friday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $60.28. The company has a market capitalization of $1.57 billion, a P/E ratio of 14.57 and a beta of 1.11. The firm has a 50 day simple moving average of $47.75 and a 200-day simple moving average of $51.62.

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.