6,331 Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS) Acquired by Poinciana Advisors Group LLC

Poinciana Advisors Group LLC acquired a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, Holdings Channel reports. The firm acquired 6,331 shares of the company’s stock, valued at approximately $614,000. Avantis U.S. Equity ETF comprises 0.6% of Poinciana Advisors Group LLC’s investment portfolio, making the stock its 25th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Index Fund Advisors Inc. grew its position in Avantis U.S. Equity ETF by 4.1% in the fourth quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock worth $290,000 after acquiring an additional 118 shares during the period. SageView Advisory Group LLC grew its position in Avantis U.S. Equity ETF by 0.5% in the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after acquiring an additional 133 shares during the period. Smartleaf Asset Management LLC grew its position in Avantis U.S. Equity ETF by 6.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock worth $226,000 after acquiring an additional 138 shares during the period. EverSource Wealth Advisors LLC grew its position in Avantis U.S. Equity ETF by 11.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock worth $147,000 after acquiring an additional 154 shares during the period. Finally, Valued Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock worth $1,408,000 after purchasing an additional 163 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 2.2 %

NYSEARCA:AVUS opened at $92.72 on Friday. The stock’s fifty day moving average is $98.42 and its two-hundred day moving average is $97.37. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week high of $102.23. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06.

Avantis U.S. Equity ETF 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.