61,386 Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS) Bought by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, Holdings Channel.com reports. The fund acquired 61,386 shares of the company’s stock, valued at approximately $5,950,000. Avantis U.S. Equity ETF makes up 3.4% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 6th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AVUS. Index Fund Advisors Inc. increased its stake in shares of Avantis U.S. Equity ETF by 4.1% in the 4th quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock worth $290,000 after acquiring an additional 118 shares in the last quarter. SageView Advisory Group LLC boosted its stake in Avantis U.S. Equity ETF by 0.5% during the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after acquiring an additional 133 shares in the last quarter. Valued Wealth Advisors LLC grew its holdings in Avantis U.S. Equity ETF by 1.1% in the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock worth $1,408,000 after purchasing an additional 163 shares during the period. Wealth Management Partners LLC increased its stake in shares of Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after purchasing an additional 166 shares in the last quarter. Finally, Certified Advisory Corp lifted its holdings in shares of Avantis U.S. Equity ETF by 0.7% during the fourth quarter. Certified Advisory Corp now owns 28,015 shares of the company’s stock valued at $2,715,000 after purchasing an additional 185 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.4 %

Shares of AVUS opened at $98.21 on Wednesday. The stock has a market cap of $7.08 billion, a P/E ratio of 17.22 and a beta of 1.00. The business’s 50 day moving average price is $99.21 and its 200-day moving average price is $97.19. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week high of $102.23.

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.