Lam Group Inc. Raises Stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Lam Group Inc. increased its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 13,492.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,835 shares of the company’s stock after buying an additional 8,770 shares during the period. Lam Group Inc.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $477,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVSC. KMG Fiduciary Partners LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 360.0% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 42,296 shares of the company’s stock worth $2,285,000 after purchasing an additional 33,102 shares during the period. LexAurum Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.3% during the third quarter. LexAurum Advisors LLC now owns 23,239 shares of the company’s stock valued at $1,255,000 after buying an additional 1,376 shares during the period. Hutchens & Kramer Investment Management Group LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $217,000. Dover Advisors LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF in the third quarter worth about $250,000. Finally, Creative Planning grew its holdings in Avantis U.S. Small Cap Equity ETF by 2.0% during the 3rd quarter. Creative Planning now owns 37,053 shares of the company’s stock worth $2,002,000 after acquiring an additional 723 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

NYSEARCA:AVSC traded down $0.10 during trading hours on Friday, reaching $55.25. The company’s stock had a trading volume of 34,370 shares, compared to its average volume of 89,954. The stock has a 50 day moving average price of $53.23 and a two-hundred day moving average price of $51.76. The company has a market capitalization of $1.10 billion, a P/E ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 12 month low of $40.99 and a 12 month high of $57.31.

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.