Generations Wealth LLC Buys New Stake in Avantis U.S. Equity ETF $AVUS

Generations Wealth LLC bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 96,792 shares of the company’s stock, valued at approximately $10,819,000. Avantis U.S. Equity ETF comprises approximately 11.1% of Generations Wealth LLC’s holdings, making the stock its 3rd biggest holding. Generations Wealth LLC owned approximately 0.10% of Avantis U.S. Equity ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $29,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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. Federation des caisses Desjardins du Quebec purchased a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $39,000. Finally, Assetmark Inc. grew its holdings in shares of Avantis U.S. Equity ETF by 116.0% during the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after purchasing an additional 311 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $126.75 on Friday. The stock’s 50-day moving average is $122.43 and its two-hundred day moving average is $116.73. The firm has a market cap of $12.66 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1 year low of $97.00 and a 1 year high of $128.62.

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.