19,690 Shares in Avantis U.S. Small Cap Equity ETF $AVSC Acquired by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. acquired a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,690 shares of the company’s stock, valued at approximately $1,361,000. Avantis U.S. Small Cap Equity ETF comprises about 1.2% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 24th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. purchased a new stake in Avantis U.S. Small Cap Equity ETF in the third quarter valued at $35,992,000. Shore Point Advisors LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $30,750,000. Simplicity Wealth LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $20,243,000. Anderson Hoagland & Co. purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $14,936,000. Finally, Market Street Wealth Management Advisors LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $12,135,000.

Avantis U.S. Small Cap Equity ETF Trading Down 0.4%

Shares of NYSEARCA:AVSC opened at $70.68 on Friday. The business has a 50-day moving average price of $71.29 and a 200 day moving average price of $70.52. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. Avantis U.S. Small Cap Equity ETF has a 12-month low of $54.31 and a 12-month high of $75.30.

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.