Paul R. Ried Financial Group LLC Invests $1.25 Million in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Paul R. Ried Financial Group LLC purchased a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 22,976 shares of the company’s stock, valued at approximately $1,249,000. Avantis U.S. Small Cap Equity ETF makes up 0.9% of Paul R. Ried Financial Group LLC’s investment portfolio, making the stock its 18th largest holding.

Other large investors also recently bought and sold shares of the company. Sequent Asset Management LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 11.7% in the 4th quarter. Sequent Asset Management LLC now owns 4,328 shares of the company’s stock worth $235,000 after buying an additional 455 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 6.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 55,368 shares of the company’s stock worth $2,987,000 after acquiring an additional 3,450 shares during the last quarter. Level Financial Advisors increased its position in shares of Avantis U.S. Small Cap Equity ETF by 24.9% during the fourth quarter. Level Financial Advisors now owns 58,364 shares of the company’s stock worth $3,173,000 after purchasing an additional 11,646 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 3.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 166,386 shares of the company’s stock worth $9,045,000 after buying an additional 5,688 shares in the last quarter. Finally, Cypress Point Wealth Management LLC raised its position in shares of Avantis U.S. Small Cap Equity ETF by 5.6% in the fourth quarter. Cypress Point Wealth Management LLC now owns 45,860 shares of the company’s stock valued at $2,493,000 after buying an additional 2,444 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Down 1.8 %

AVSC opened at $54.49 on Tuesday. Avantis U.S. Small Cap Equity ETF has a twelve month low of $47.76 and a twelve month high of $60.28. The firm has a market capitalization of $1.09 billion, a PE ratio of 10.76 and a beta of 1.18. The firm’s 50-day moving average price is $56.04 and its 200 day moving average price is $54.71.

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.