Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 6.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 64,464 shares of the company’s stock after buying an additional 4,013 shares during the quarter. MML Investors Services LLC owned about 0.32% of Avantis U.S. Small Cap Equity ETF worth $3,504,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wealth Management Nebraska acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the fourth quarter worth about $28,807,000. Envestnet Asset Management Inc. lifted its position in Avantis U.S. Small Cap Equity ETF by 3.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,321,560 shares of the company’s stock worth $669,800,000 after acquiring an additional 358,936 shares during the period. PrairieView Partners LLC lifted its position in Avantis U.S. Small Cap Equity ETF by 420.5% during the 4th quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock worth $23,163,000 after acquiring an additional 344,238 shares during the period. Northwest Wealth Management LLC increased its holdings in shares of Avantis U.S. Small Cap Equity ETF by 2,027.0% in the fourth quarter. Northwest Wealth Management LLC now owns 89,038 shares of the company’s stock valued at $4,840,000 after purchasing an additional 84,852 shares during the period. Finally, Haven Private LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $3,455,000.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA AVSC opened at $46.36 on Friday. The stock has a fifty day moving average price of $48.14 and a 200 day moving average price of $53.11. Avantis U.S. Small Cap Equity ETF has a 1-year low of $41.58 and a 1-year high of $60.28. The company has a market cap of $1.39 billion, a PE ratio of 13.89 and a beta of 1.10.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1386 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.