Ariadne Wealth Management LP Sells 26,854 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Ariadne Wealth Management LP reduced its position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 82.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,792 shares of the company’s stock after selling 26,854 shares during the period. Ariadne Wealth Management LP’s holdings in Avantis U.S. Small Cap Equity ETF were worth $371,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. B&D White Capital Company LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter worth $5,954,000. Kestra Advisory Services LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 47.9% in the 4th quarter. Kestra Advisory Services LLC now owns 29,016 shares of the company’s stock worth $1,704,000 after purchasing an additional 9,399 shares in the last quarter. Stifel Financial Corp bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter worth $242,000. Smartleaf Asset Management LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 99.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,925 shares of the company’s stock worth $114,000 after purchasing an additional 959 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at $259,000.

Avantis U.S. Small Cap Equity ETF Trading Up 1.0%

NYSEARCA AVSC opened at $71.22 on Friday. The firm has a market capitalization of $2.81 billion, a P/E ratio of 14.03 and a beta of 1.04. The business has a fifty day simple moving average of $67.50 and a 200 day simple moving average of $63.78. Avantis U.S. Small Cap Equity ETF has a 12 month low of $49.58 and a 12 month high of $71.69.

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.