Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Holdings Lifted by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp increased its position in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 164.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 453,674 shares of the company’s stock after buying an additional 282,197 shares during the quarter. Avantis U.S. Small Cap Equity ETF comprises about 2.0% of Atlantic Union Bankshares Corp’s investment portfolio, making the stock its 7th biggest position. Atlantic Union Bankshares Corp owned 4.86% of Avantis U.S. Small Cap Equity ETF worth $23,754,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AVSC. West Paces Advisors Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF in the first quarter worth about $157,000. Parallel Advisors LLC grew its stake in Avantis U.S. Small Cap Equity ETF by 184.7% in the fourth quarter. Parallel Advisors LLC now owns 3,416 shares of the company’s stock worth $174,000 after purchasing an additional 2,216 shares in the last quarter. Arista Wealth Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the fourth quarter worth about $220,000. Evanson Asset Management LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the first quarter worth about $411,000. Finally, CRA Financial Services LLC grew its stake in Avantis U.S. Small Cap Equity ETF by 22.5% in the fourth quarter. CRA Financial Services LLC now owns 11,126 shares of the company’s stock worth $568,000 after purchasing an additional 2,045 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Price Performance

NYSEARCA:AVSC traded up $0.45 during mid-day trading on Friday, reaching $49.91. The stock had a trading volume of 58,038 shares, compared to its average volume of 91,861. The company has a market capitalization of $995.70 million, a price-to-earnings ratio of 10.76 and a beta of 1.18. Avantis U.S. Small Cap Equity ETF has a 1-year low of $40.99 and a 1-year high of $52.67. The stock’s 50 day simple moving average is $50.42 and its two-hundred day simple moving average is $50.21.

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.