Park Avenue Securities LLC Has $49.45 Million Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Park Avenue Securities LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 519,704 shares of the company’s stock after purchasing an additional 46,901 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 0.6% of Park Avenue Securities LLC’s holdings, making the stock its 29th biggest position. Park Avenue Securities LLC owned 0.72% of Avantis U.S. Equity ETF worth $49,450,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in AVUS. Strategic Financial Concepts LLC raised its holdings in Avantis U.S. Equity ETF by 11,264.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock valued at $1,291,183,000 after acquiring an additional 14,190,276 shares in the last quarter. American Century Companies Inc. lifted its position in Avantis U.S. Equity ETF by 5.8% in the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after purchasing an additional 159,134 shares during the period. Annex Advisory Services LLC boosted its stake in Avantis U.S. Equity ETF by 4.8% during the second quarter. Annex Advisory Services LLC now owns 2,714,281 shares of the company’s stock worth $244,801,000 after buying an additional 125,092 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Avantis U.S. Equity ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock valued at $147,215,000 after buying an additional 104,125 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis U.S. Equity ETF by 1.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock valued at $132,638,000 after buying an additional 23,513 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.1 %

NYSEARCA AVUS opened at $94.37 on Friday. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $95.36. The stock has a market cap of $6.81 billion, a P/E ratio of 17.22 and a beta of 1.00. The company’s 50-day simple moving average is $92.02 and its 200 day simple moving average is $90.13.

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.