Adero Partners LLC boosted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS – Free Report) by 8.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,567,202 shares of the company’s stock after acquiring an additional 124,433 shares during the quarter. Avantis U.S. Equity ETF comprises 9.8% of Adero Partners LLC’s holdings, making the stock its 3rd biggest position. Adero Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $151,909,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVUS. Global Trust Asset Management LLC lifted its position in Avantis U.S. Equity ETF by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock worth $46,000 after acquiring an additional 200 shares during the period. Global Wealth Strategies & Associates purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth approximately $97,000. Fortitude Family Office LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the third quarter worth $95,000. Empower Advisory Group LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the third quarter worth $202,000. Finally, Clarity Asset Management Inc. grew its position in Avantis U.S. Equity ETF by 10.1% in the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after buying an additional 197 shares during the last quarter.
Avantis U.S. Equity ETF Stock Performance
Shares of AVUS opened at $100.69 on Thursday. Avantis U.S. Equity ETF has a 1 year low of $82.74 and a 1 year high of $102.23. The stock has a market capitalization of $7.26 billion, a P/E ratio of 17.22 and a beta of 1.00. The company’s fifty day moving average is $99.48 and its two-hundred day moving average is $96.10.
Avantis U.S. Equity ETF Company Profile
The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.
Further Reading
- Five stocks we like better than Avantis U.S. Equity ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Powering Profits: Utility Stocks That Shine in Volatility
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?
- Financial Services Stocks Investing
- RTX and Lockheed Martin: Buy 1 for Today and 1 for Tomorrow
Want to see what other hedge funds are holding AVUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis U.S. Equity ETF (NYSEARCA:AVUS – Free Report).
Receive News & Ratings for Avantis U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.