Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Sees Large Volume Increase – What’s Next?

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) shares saw strong trading volume on Wednesday . 218,843 shares traded hands during trading, an increase of 65% from the previous session’s volume of 133,024 shares.The stock last traded at $70.80 and had previously closed at $70.56.

Avantis U.S. Small Cap Equity ETF Trading Up 0.8%

The company has a market cap of $2.80 billion, a price-to-earnings ratio of 14.03 and a beta of 1.04. The business has a fifty day moving average price of $67.81 and a two-hundred day moving average price of $64.00.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

A number of large investors have recently made changes to their positions in the business. Elwood & Goetz Wealth Advisory Group LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 7.5% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 636,669 shares of the company’s stock worth $37,398,000 after buying an additional 44,193 shares during the last quarter. Lam Group Inc. increased its holdings in Avantis U.S. Small Cap Equity ETF by 90.4% in the fourth quarter. Lam Group Inc. now owns 19,335 shares of the company’s stock worth $1,136,000 after buying an additional 9,180 shares during the last quarter. AE Wealth Management LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 9.5% in the fourth quarter. AE Wealth Management LLC now owns 606,160 shares of the company’s stock worth $35,606,000 after buying an additional 52,433 shares during the last quarter. Simplicity Wealth LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 5.2% in the fourth quarter. Simplicity Wealth LLC now owns 218,841 shares of the company’s stock worth $12,855,000 after buying an additional 10,723 shares during the last quarter. Finally, CWM LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 5.9% in the fourth quarter. CWM LLC now owns 181,631 shares of the company’s stock worth $10,669,000 after buying an additional 10,113 shares during the last quarter.

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.