Modera Wealth Management LLC Has $114.26 Million Holdings in Avantis U.S. Equity ETF $AVUS

Modera Wealth Management LLC raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,027,703 shares of the company’s stock after purchasing an additional 33,490 shares during the period. Avantis U.S. Equity ETF makes up approximately 1.4% of Modera Wealth Management LLC’s holdings, making the stock its 17th biggest position. Modera Wealth Management LLC owned 1.03% of Avantis U.S. Equity ETF worth $114,260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Tranquility Partners LLC raised its position in shares of Avantis U.S. Equity ETF by 1.9% during the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after buying an additional 89 shares during the last quarter. Diversified Portfolios Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 1.6% in the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after buying an additional 90 shares during the period. Smartleaf Asset Management LLC grew its position in Avantis U.S. Equity ETF by 4.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after buying an additional 97 shares in the last quarter. RCS Financial Planning LLC grew its position in Avantis U.S. Equity ETF by 4.0% during the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after buying an additional 102 shares in the last quarter. Finally, Avant Financial Advisors LLC increased its stake in Avantis U.S. Equity ETF by 0.8% during the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after acquiring an additional 106 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.8%

Shares of AVUS opened at $127.12 on Friday. The stock’s 50-day moving average price is $126.65 and its 200 day moving average price is $119.47. The firm has a market capitalization of $13.79 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12-month low of $100.82 and a 12-month high of $128.86.

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.