Envestnet Asset Management Inc. Has $669.80 Million Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Envestnet Asset Management Inc. lifted its stake in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,321,560 shares of the company’s stock after buying an additional 358,936 shares during the period. Envestnet Asset Management Inc. owned approximately 0.62% of Avantis U.S. Small Cap Equity ETF worth $669,800,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mason Investment Advisory Services Inc. lifted its position in Avantis U.S. Small Cap Equity ETF by 0.7% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 3,361,437 shares of the company’s stock worth $182,728,000 after purchasing an additional 24,750 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of Avantis U.S. Small Cap Equity ETF by 5.4% in the 4th quarter. Atlantic Union Bankshares Corp now owns 565,887 shares of the company’s stock valued at $30,762,000 after buying an additional 29,061 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 4.4% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 564,006 shares of the company’s stock worth $30,659,000 after acquiring an additional 24,005 shares during the period. Wealth Management Nebraska acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth approximately $28,807,000. Finally, PrairieView Partners LLC increased its stake in Avantis U.S. Small Cap Equity ETF by 420.5% in the fourth quarter. PrairieView Partners LLC now owns 426,111 shares of the company’s stock valued at $23,163,000 after acquiring an additional 344,238 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Price Performance

Shares of AVSC opened at $43.74 on Friday. The firm has a 50 day simple moving average of $51.81 and a two-hundred day simple moving average of $54.17. Avantis U.S. Small Cap Equity ETF has a one year low of $42.55 and a one year high of $60.28. The company has a market cap of $1.26 billion, a P/E ratio of 14.20 and a beta of 1.10.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1386 per share. The ex-dividend date was Tuesday, March 25th.

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.