Ariadne Wealth Management LP Has $2.08 Million Stock Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Ariadne Wealth Management LP boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) by 15.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,803 shares of the company’s stock after acquiring an additional 5,175 shares during the quarter. Avantis U.S. Small Cap Equity ETF accounts for about 1.0% of Ariadne Wealth Management LP’s portfolio, making the stock its 24th largest position. Ariadne Wealth Management LP owned 0.19% of Avantis U.S. Small Cap Equity ETF worth $2,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVSC. Envestnet Portfolio Solutions Inc. grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 5.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,953 shares of the company’s stock worth $215,000 after purchasing an additional 208 shares during the last quarter. PCG Wealth Advisors LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 2.1% in the 4th quarter. PCG Wealth Advisors LLC now owns 16,450 shares of the company’s stock valued at $894,000 after buying an additional 340 shares during the last quarter. Lion Street Advisors LLC increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 4.6% in the fourth quarter. Lion Street Advisors LLC now owns 8,150 shares of the company’s stock valued at $443,000 after buying an additional 361 shares during the period. Tillman Hartley LLC raised its position in shares of Avantis U.S. Small Cap Equity ETF by 1.8% during the fourth quarter. Tillman Hartley LLC now owns 23,973 shares of the company’s stock worth $1,303,000 after acquiring an additional 420 shares during the last quarter. Finally, Sequent Asset Management LLC boosted its holdings in Avantis U.S. Small Cap Equity ETF by 11.7% in the fourth quarter. Sequent Asset Management LLC now owns 4,328 shares of the company’s stock valued at $235,000 after acquiring an additional 455 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Stock Performance

Avantis U.S. Small Cap Equity ETF stock opened at $50.41 on Tuesday. The firm has a 50 day moving average price of $53.11 and a two-hundred day moving average price of $54.44. Avantis U.S. Small Cap Equity ETF has a 52-week low of $47.79 and a 52-week high of $60.28. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 14.24 and a beta of 1.10.

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.