Foundations Investment Advisors LLC Has $9.05 Million Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Foundations Investment Advisors LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 166,386 shares of the company’s stock after buying an additional 5,688 shares during the period. Foundations Investment Advisors LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $9,045,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AVSC. Freedom Investment Management Inc. acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth about $9,520,000. Pacific Life Fund Advisors LLC raised its holdings in shares of Avantis U.S. Small Cap Equity ETF by 169.4% in the 3rd quarter. Pacific Life Fund Advisors LLC now owns 267,190 shares of the company’s stock valued at $14,434,000 after purchasing an additional 168,005 shares during the period. Simplicity Wealth LLC raised its holdings in shares of Avantis U.S. Small Cap Equity ETF by 823.4% in the 3rd quarter. Simplicity Wealth LLC now owns 151,138 shares of the company’s stock valued at $8,164,000 after purchasing an additional 134,770 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Avantis U.S. Small Cap Equity ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 733,492 shares of the company’s stock valued at $36,609,000 after purchasing an additional 79,488 shares during the period. Finally, Elwood & Goetz Wealth Advisory Group LLC raised its holdings in shares of Avantis U.S. Small Cap Equity ETF by 6.9% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 540,001 shares of the company’s stock valued at $29,171,000 after purchasing an additional 34,776 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of AVSC stock opened at $56.28 on Monday. The firm’s 50-day moving average is $56.17 and its 200-day moving average is $54.63. The stock has a market cap of $1.12 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 $47.76 and a 52-week high of $60.28.

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.