Verdence Capital Advisors LLC Acquires New Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Verdence Capital Advisors LLC bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,700 shares of the company’s stock, valued at approximately $359,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVUS. Global Retirement Partners LLC increased its position in shares of Avantis U.S. Equity ETF by 165.6% in the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares in the last quarter. Blue Trust Inc. grew its stake in Avantis U.S. Equity ETF by 128.5% in the fourth quarter. Blue Trust Inc. now owns 697 shares of the company’s stock valued at $68,000 after acquiring an additional 392 shares during the period. Global Wealth Strategies & Associates bought a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $97,000. Empower Advisory Group LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the third quarter worth about $202,000. Finally, Clarity Asset Management Inc. lifted its holdings in shares of Avantis U.S. Equity ETF by 10.1% during the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after purchasing an additional 197 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $94.83 on Friday. The stock has a 50 day simple moving average of $98.94 and a 200 day simple moving average of $97.40. Avantis U.S. Equity ETF has a 52-week low of $84.26 and a 52-week high of $102.23. The firm has a market capitalization of $7.75 billion, a PE ratio of 21.19 and a beta of 1.06.

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.