Avantis U.S. Equity ETF $AVUS Shares Bought by Gradient Investments LLC

Gradient Investments LLC grew its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 35.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 483,502 shares of the company’s stock after buying an additional 125,746 shares during the period. Avantis U.S. Equity ETF accounts for about 0.9% of Gradient Investments LLC’s holdings, making the stock its 27th largest holding. Gradient Investments LLC’s holdings in Avantis U.S. Equity ETF were worth $61,927,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $29,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter worth approximately $39,000. Finally, Federation des caisses Desjardins du Quebec purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter worth approximately $39,000.

Avantis U.S. Equity ETF Stock Up 0.4%

Shares of AVUS opened at $131.18 on Friday. The company has a market capitalization of $14.40 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52-week low of $103.22 and a 52-week high of $132.19. The stock has a 50 day moving average price of $127.45 and a 200 day moving average price of $120.97.

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.