Global Strategic Investment Solutions LLC Acquires New Position in Avantis U.S. Small Cap Equity ETF $AVSC

Global Strategic Investment Solutions LLC purchased a new position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,601 shares of the company’s stock, valued at approximately $2,455,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVSC. LexAurum Advisors LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 20.3% in the 1st quarter. LexAurum Advisors LLC now owns 29,359 shares of the company’s stock worth $1,421,000 after purchasing an additional 4,951 shares during the period. KMG Fiduciary Partners LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 6.4% in the 1st quarter. KMG Fiduciary Partners LLC now owns 47,918 shares of the company’s stock worth $2,319,000 after purchasing an additional 2,873 shares during the period. Simplicity Wealth LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 1st quarter worth approximately $9,618,000. Cypress Point Wealth Management LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 6.6% in the 1st quarter. Cypress Point Wealth Management LLC now owns 48,891 shares of the company’s stock worth $2,366,000 after purchasing an additional 3,031 shares during the period. Finally, Armbruster Capital Management Inc. bought a new position in Avantis U.S. Small Cap Equity ETF in the 1st quarter worth approximately $424,000.

Avantis U.S. Small Cap Equity ETF Price Performance

AVSC stock opened at $57.86 on Friday. Avantis U.S. Small Cap Equity ETF has a 1-year low of $41.58 and a 1-year high of $60.28. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 14.03 and a beta of 0.97. The business has a 50 day simple moving average of $55.88 and a two-hundred day simple moving average of $51.64.

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.