Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 30.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,594 shares of the company’s stock after purchasing an additional 4,372 shares during the quarter. NewEdge Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $1,677,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in AVUS. Waverly Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 0.9% in the fourth quarter. Waverly Advisors LLC now owns 320,287 shares of the company’s stock valued at $26,119,000 after purchasing an additional 2,986 shares during the period. JRM Investment Counsel LLC lifted its holdings in Avantis U.S. Equity ETF by 888.5% in the 4th quarter. JRM Investment Counsel LLC now owns 419,281 shares of the company’s stock worth $34,192,000 after buying an additional 376,863 shares in the last quarter. Brookstone Capital Management acquired a new stake in Avantis U.S. Equity ETF during the 2nd quarter valued at approximately $231,000. Envestnet Asset Management Inc. grew its position in shares of Avantis U.S. Equity ETF by 13.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,354,623 shares of the company’s stock worth $110,470,000 after buying an additional 160,900 shares in the last quarter. Finally, Vicus Capital raised its stake in shares of Avantis U.S. Equity ETF by 6.2% in the 1st quarter. Vicus Capital now owns 20,334 shares of the company’s stock valued at $1,820,000 after purchasing an additional 1,191 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 1.0 %

Shares of AVUS opened at $95.34 on Friday. Avantis U.S. Equity ETF has a 52 week low of $69.57 and a 52 week high of $95.39. The stock has a 50 day moving average of $92.09 and a 200-day moving average of $90.20. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

About Avantis U.S. Equity ETF

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.