MML Investors Services LLC Acquires 5,297 Shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

MML Investors Services LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 9.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,451 shares of the company’s stock after buying an additional 5,297 shares during the period. MML Investors Services LLC owned approximately 0.30% of Avantis U.S. Small Cap Equity ETF worth $3,266,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $325,000. Atlantic Union Bankshares Corp increased its position in shares of Avantis U.S. Small Cap Equity ETF by 6.2% during the third quarter. Atlantic Union Bankshares Corp now owns 536,826 shares of the company’s stock valued at $28,999,000 after purchasing an additional 31,515 shares during the period. Kingfisher Capital LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 45.5% during the third quarter. Kingfisher Capital LLC now owns 6,921 shares of the company’s stock valued at $374,000 after purchasing an additional 2,165 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Avantis U.S. Small Cap Equity ETF by 46.9% during the third quarter. Rockefeller Capital Management L.P. now owns 28,390 shares of the company’s stock valued at $1,534,000 after purchasing an additional 9,070 shares during the period. Finally, Freedom Investment Management Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter valued at approximately $9,520,000.

Avantis U.S. Small Cap Equity ETF Trading Down 0.7 %

AVSC opened at $57.57 on Friday. The stock has a market cap of $1.15 billion, a PE ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 1 year low of $47.45 and a 1 year high of $60.28. The stock’s 50 day simple moving average is $56.31 and its 200-day simple moving average is $53.58.

Avantis U.S. Small Cap Equity ETF 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.