Avantis U.S. Small Cap Equity ETF $AVSC Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC lessened its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 12.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,353 shares of the company’s stock after selling 2,275 shares during the quarter. Tortoise Investment Management LLC owned 0.05% of Avantis U.S. Small Cap Equity ETF worth $843,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. PCG Wealth Advisors LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 1.8% in the 1st quarter. PCG Wealth Advisors LLC now owns 16,751 shares of the company’s stock worth $811,000 after purchasing an additional 301 shares in the last quarter. FAS Wealth Partners Inc. lifted its stake in shares of Avantis U.S. Small Cap Equity ETF by 4.1% during the first quarter. FAS Wealth Partners Inc. now owns 243,716 shares of the company’s stock worth $11,796,000 after buying an additional 9,570 shares during the period. Atlantic Union Bankshares Corp grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 3.3% during the first quarter. Atlantic Union Bankshares Corp now owns 584,685 shares of the company’s stock valued at $28,299,000 after buying an additional 18,798 shares during the last quarter. AE Wealth Management LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 18.2% in the 1st quarter. AE Wealth Management LLC now owns 375,384 shares of the company’s stock valued at $18,169,000 after acquiring an additional 57,675 shares during the period. Finally, HB Wealth Management LLC purchased a new position in Avantis U.S. Small Cap Equity ETF in the 1st quarter worth $1,113,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

Shares of AVSC opened at $56.34 on Friday. The stock has a 50-day moving average of $57.33 and a two-hundred day moving average of $53.99. The stock has a market cap of $1.94 billion, a P/E ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a one year low of $41.58 and a one year high of $60.28.

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.