Prosperity Advisers LLC Acquires New Holdings in Avantis U.S. Equity ETF $AVUS

Prosperity Advisers LLC bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,733 shares of the company’s stock, valued at approximately $606,000. Avantis U.S. Equity ETF makes up 0.4% of Prosperity Advisers LLC’s investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in Avantis U.S. Equity ETF by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock worth $257,339,000 after purchasing an additional 177,765 shares during the period. Sensenig Capital Advisors Inc raised its stake in shares of Avantis U.S. Equity ETF by 1.9% in the 2nd quarter. Sensenig Capital Advisors Inc now owns 243,335 shares of the company’s stock valued at $31,166,000 after purchasing an additional 4,497 shares during the period. Andrews Lucia Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 35.3% in the 2nd quarter. Andrews Lucia Wealth Management LLC now owns 41,887 shares of the company’s stock valued at $5,365,000 after purchasing an additional 10,930 shares during the period. Bank of America Corp DE raised its stake in shares of Avantis U.S. Equity ETF by 91.3% in the 1st quarter. Bank of America Corp DE now owns 875,159 shares of the company’s stock valued at $97,300,000 after purchasing an additional 417,664 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 16.2% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 348,287 shares of the company’s stock valued at $44,609,000 after purchasing an additional 48,606 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $129.92 on Friday. The stock has a market capitalization of $14.91 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a fifty-two week low of $105.72 and a fifty-two week high of $132.81. The business has a 50-day moving average of $129.63 and a 200-day moving average of $123.42.

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.