Sterneck Capital Management LLC Invests $3.38 Million in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Sterneck Capital Management 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 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,837 shares of the company’s stock, valued at approximately $3,377,000. Avantis U.S. Equity ETF accounts for 1.8% of Sterneck Capital Management LLC’s holdings, making the stock its 17th largest position.

A number of other institutional investors have also bought and sold shares of AVUS. National Bank of Canada FI bought a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at $25,000. Global Trust Asset Management LLC increased its stake in Avantis U.S. Equity ETF by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock valued at $46,000 after purchasing an additional 200 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of Avantis U.S. Equity ETF during the third quarter valued at about $95,000. Global Wealth Strategies & Associates bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $97,000. Finally, Empower Advisory Group LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at about $202,000.

Avantis U.S. Equity ETF Stock Performance

AVUS stock opened at $97.65 on Wednesday. The stock’s 50 day simple moving average is $99.16 and its 200 day simple moving average is $94.97. The company has a market cap of $7.04 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a fifty-two week low of $79.55 and a fifty-two week high of $102.23.

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.