Freedom Investment Management Inc. Sells 8,987 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Freedom Investment Management Inc. decreased its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 5.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 166,300 shares of the company’s stock after selling 8,987 shares during the period. Avantis U.S. Small Cap Equity ETF comprises approximately 2.8% of Freedom Investment Management Inc.’s holdings, making the stock its 11th largest position. Freedom Investment Management Inc.’s holdings in Avantis U.S. Small Cap Equity ETF were worth $9,768,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Centennial Wealth Advisory LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 0.9% during the 4th quarter. Centennial Wealth Advisory LLC now owns 25,044 shares of the company’s stock valued at $1,471,000 after buying an additional 218 shares in the last quarter. Evanson Asset Management LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 1.4% during the 4th quarter. Evanson Asset Management LLC now owns 17,653 shares of the company’s stock valued at $1,037,000 after buying an additional 252 shares in the last quarter. LexAurum Advisors LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 0.3% during the 3rd quarter. LexAurum Advisors LLC now owns 122,524 shares of the company’s stock valued at $7,014,000 after buying an additional 376 shares in the last quarter. CAP Partners LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 0.7% during the 4th quarter. CAP Partners LLC now owns 63,699 shares of the company’s stock valued at $3,742,000 after buying an additional 454 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at about $27,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC opened at $68.09 on Friday. Avantis U.S. Small Cap Equity ETF has a 1-year low of $48.07 and a 1-year high of $69.08. The company has a 50-day moving average of $65.17 and a 200 day moving average of $62.42. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 14.03 and a beta of 1.05.

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.