Avantis U.S. Equity ETF $AVUS Shares Acquired by MML Investors Services LLC

MML Investors Services LLC grew its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 334,652 shares of the company’s stock after buying an additional 29,268 shares during the quarter. MML Investors Services LLC owned 0.35% of Avantis U.S. Equity ETF worth $37,407,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AVUS. HB Wealth Management LLC raised its holdings in Avantis U.S. Equity ETF by 10.2% in the 4th quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock worth $586,714,000 after purchasing an additional 486,787 shares during the period. American Century Companies Inc. raised its holdings in Avantis U.S. Equity ETF by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after purchasing an additional 96,975 shares during the period. Focus Partners Wealth raised its holdings in Avantis U.S. Equity ETF by 2.7% in the 4th quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock worth $221,280,000 after purchasing an additional 52,018 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Avantis U.S. Equity ETF by 145.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after purchasing an additional 1,036,918 shares during the period. Finally, HighTower Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. HighTower Advisors LLC now owns 1,676,917 shares of the company’s stock worth $187,446,000 after purchasing an additional 17,827 shares during the period.

Avantis U.S. Equity ETF Trading Up 1.3%

NYSEARCA AVUS opened at $128.44 on Tuesday. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a twelve month low of $97.00 and a twelve month high of $128.86. The stock has a 50-day moving average of $122.76 and a 200 day moving average of $116.91.

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.