Claro Advisors LLC Sells 760 Shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Claro Advisors LLC cut its holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,579 shares of the company’s stock after selling 760 shares during the period. Claro Advisors LLC’s holdings in Avantis U.S. Small Cap Equity ETF were worth $734,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. OneDigital Investment Advisors LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 2.0% in the third quarter. OneDigital Investment Advisors LLC now owns 185,642 shares of the company’s stock valued at $10,028,000 after acquiring an additional 3,671 shares during the period. Northwest Wealth Management LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $226,000. Catalytic Wealth RIA LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $1,227,000. Cypress Point Wealth Management LLC increased its position in shares of Avantis U.S. Small Cap Equity ETF by 10.6% in the third quarter. Cypress Point Wealth Management LLC now owns 43,416 shares of the company’s stock valued at $2,345,000 after acquiring an additional 4,164 shares during the period. Finally, Sequent Asset Management LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $209,000.

Avantis U.S. Small Cap Equity ETF Trading Down 1.2 %

AVSC stock opened at $56.39 on Monday. Avantis U.S. Small Cap Equity ETF has a 12-month low of $44.33 and a 12-month high of $59.29. The firm’s 50-day moving average price is $54.26 and its two-hundred day moving average price is $52.61. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 10.76 and a beta of 1.18.

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.