Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Sold by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC trimmed its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 19.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,286 shares of the company’s stock after selling 4,428 shares during the period. GC Wealth Management RIA LLC owned about 0.09% of Avantis U.S. Small Cap Equity ETF worth $994,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Axis Wealth Partners LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $576,000. Foundations Investment Advisors LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 3.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 166,386 shares of the company’s stock valued at $9,045,000 after acquiring an additional 5,688 shares during the period. Allodium Investment Consultants LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $783,000. Elwood & Goetz Wealth Advisory Group LLC lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 4.4% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 564,006 shares of the company’s stock valued at $30,659,000 after acquiring an additional 24,005 shares during the period. Finally, Magnolia Private Wealth LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth approximately $319,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC opened at $48.88 on Tuesday. The firm has a 50 day simple moving average of $54.04 and a 200-day simple moving average of $54.75. Avantis U.S. Small Cap Equity ETF has a 1-year low of $47.79 and a 1-year high of $60.28. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 14.66 and a beta of 1.09.

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.