Envestnet Asset Management Inc. Has $669.80 Million Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Envestnet Asset Management Inc. grew its stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,321,560 shares of the company’s stock after purchasing an additional 358,936 shares during the quarter. Envestnet Asset Management Inc. owned approximately 61.76% of Avantis U.S. Small Cap Equity ETF worth $669,800,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AVSC. Envestnet Portfolio Solutions Inc. raised its holdings in Avantis U.S. Small Cap Equity ETF by 5.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,953 shares of the company’s stock valued at $215,000 after acquiring an additional 208 shares during the period. PCG Wealth Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 2.1% during the fourth quarter. PCG Wealth Advisors LLC now owns 16,450 shares of the company’s stock worth $894,000 after purchasing an additional 340 shares during the period. Lion Street Advisors LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 4.6% during the 4th quarter. Lion Street Advisors LLC now owns 8,150 shares of the company’s stock worth $443,000 after purchasing an additional 361 shares during the last quarter. Tillman Hartley LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 1.8% during the 4th quarter. Tillman Hartley LLC now owns 23,973 shares of the company’s stock worth $1,303,000 after purchasing an additional 420 shares during the last quarter. Finally, Sequent Asset Management LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 11.7% in the 4th quarter. Sequent Asset Management LLC now owns 4,328 shares of the company’s stock valued at $235,000 after purchasing an additional 455 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA AVSC opened at $43.74 on Friday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 14.20 and a beta of 1.10. The stock’s fifty day moving average price is $51.81 and its two-hundred day moving average price is $54.17. Avantis U.S. Small Cap Equity ETF has a one year low of $42.55 and a one year high of $60.28.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.1386 per share. The ex-dividend date was Tuesday, March 25th.

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.