Commonwealth Equity Services LLC Has $1.95 Million Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Commonwealth Equity Services LLC grew its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 189.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,185 shares of the company’s stock after acquiring an additional 24,349 shares during the period. Commonwealth Equity Services LLC owned 0.19% of Avantis U.S. Small Cap Equity ETF worth $1,947,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,864,106 shares of the company’s stock worth $350,481,000 after buying an additional 429,421 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 164.6% during the 1st quarter. Atlantic Union Bankshares Corp now owns 453,674 shares of the company’s stock worth $23,754,000 after buying an additional 282,197 shares during the period. Elwood & Goetz Wealth Advisory Group LLC boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 3.8% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 442,179 shares of the company’s stock worth $22,578,000 after buying an additional 16,094 shares during the period. American Century Companies Inc. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 24.7% during the 3rd quarter. American Century Companies Inc. now owns 253,981 shares of the company’s stock worth $11,244,000 after buying an additional 50,355 shares during the period. Finally, FAS Wealth Partners Inc. boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 3.4% during the 1st quarter. FAS Wealth Partners Inc. now owns 230,161 shares of the company’s stock worth $12,051,000 after buying an additional 7,589 shares during the period.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA AVSC traded down $0.55 during trading hours on Friday, hitting $49.00. 41,455 shares of the stock were exchanged, compared to its average volume of 90,182. The company’s 50 day moving average is $50.44 and its 200 day moving average is $50.22. The firm has a market capitalization of $977.55 million, a P/E ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a one year low of $40.99 and a one year high of $52.67.

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.