Simplicity Wealth LLC Purchases 222,301 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Simplicity Wealth LLC raised its position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 111.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 421,028 shares of the company’s stock after acquiring an additional 222,301 shares during the period. Avantis U.S. Small Cap Equity ETF makes up about 0.9% of Simplicity Wealth LLC’s holdings, making the stock its 20th largest position. Simplicity Wealth LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $21,712,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. LexAurum Advisors LLC grew its position in Avantis U.S. Small Cap Equity ETF by 20.3% in the 1st quarter. LexAurum Advisors LLC now owns 29,359 shares of the company’s stock valued at $1,421,000 after purchasing an additional 4,951 shares during the period. KMG Fiduciary Partners LLC lifted its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.4% in the first quarter. KMG Fiduciary Partners LLC now owns 47,918 shares of the company’s stock valued at $2,319,000 after buying an additional 2,873 shares in the last quarter. Cypress Point Wealth Management LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 6.6% during the first quarter. Cypress Point Wealth Management LLC now owns 48,891 shares of the company’s stock worth $2,366,000 after acquiring an additional 3,031 shares in the last quarter. Armbruster Capital Management Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 1st quarter worth about $424,000. Finally, Stephens Consulting LLC bought a new position in Avantis U.S. Small Cap Equity ETF in the 1st quarter valued at about $278,000.

Avantis U.S. Small Cap Equity ETF Stock Performance

AVSC stock opened at $57.86 on Friday. The company has a market capitalization of $1.96 billion, a P/E ratio of 14.03 and a beta of 0.97. Avantis U.S. Small Cap Equity ETF has a 52-week low of $41.58 and a 52-week high of $60.28. The business has a 50-day simple moving average of $55.88 and a two-hundred day simple moving average of $51.64.

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.