Guild Investment Management Inc. Acquires New Position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Guild Investment Management Inc. acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 18,840 shares of the company’s stock, valued at approximately $1,024,000. Avantis U.S. Small Cap Equity ETF comprises about 1.1% of Guild Investment Management Inc.’s investment portfolio, making the stock its 26th biggest position. Guild Investment Management Inc. owned about 0.09% of Avantis U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AVSC. Independent Advisor Alliance bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter worth approximately $955,000. Axis Wealth Partners LLC purchased a new position in Avantis U.S. Small Cap Equity ETF during the fourth quarter worth $576,000. Atlantic Union Bankshares Corp boosted its stake in Avantis U.S. Small Cap Equity ETF by 5.4% during the fourth quarter. Atlantic Union Bankshares Corp now owns 565,887 shares of the company’s stock worth $30,762,000 after buying an additional 29,061 shares during the period. Haven Private LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the fourth quarter worth $3,455,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the fourth quarter worth $932,000.

Avantis U.S. Small Cap Equity ETF Price Performance

AVSC stock opened at $48.76 on Wednesday. The business has a 50-day moving average price of $53.93 and a 200 day moving average price of $54.71. The company has a market capitalization of $1.35 billion, a P/E ratio of 14.66 and a beta of 1.09. Avantis U.S. Small Cap Equity ETF has a 1-year low of $47.79 and a 1-year high of $60.28.

Avantis U.S. Small Cap Equity ETF 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.