Index Fund Advisors Inc. Purchases New Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Index Fund Advisors Inc. bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,276 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also made changes to their positions in AVUS. Waverly Advisors LLC grew its position in Avantis U.S. Equity ETF by 0.9% during the fourth quarter. Waverly Advisors LLC now owns 320,287 shares of the company’s stock worth $26,119,000 after buying an additional 2,986 shares during the period. Annex Advisory Services LLC purchased a new position in Avantis U.S. Equity ETF in the 4th quarter valued at approximately $126,293,000. Clarity Capital Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the fourth quarter worth $9,864,000. Adero Partners LLC boosted its position in Avantis U.S. Equity ETF by 6.6% during the fourth quarter. Adero Partners LLC now owns 1,244,601 shares of the company’s stock worth $101,497,000 after purchasing an additional 77,303 shares in the last quarter. Finally, JRM Investment Counsel LLC grew its holdings in Avantis U.S. Equity ETF by 888.5% in the fourth quarter. JRM Investment Counsel LLC now owns 419,281 shares of the company’s stock valued at $34,192,000 after purchasing an additional 376,863 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.3 %

Shares of AVUS stock traded up $0.23 during mid-day trading on Wednesday, reaching $91.97. The stock had a trading volume of 114,933 shares, compared to its average volume of 259,443. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $94.50. The business has a 50-day simple moving average of $91.33 and a 200 day simple moving average of $89.10. The company has a market cap of $6.63 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.