Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Acquired by Adero Partners LLC

Adero Partners LLC lifted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,442,769 shares of the company’s stock after buying an additional 51,967 shares during the period. Avantis U.S. Equity ETF comprises approximately 9.1% of Adero Partners LLC’s portfolio, making the stock its 3rd biggest position. Adero Partners LLC owned about 2.00% of Avantis U.S. Equity ETF worth $137,280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Silverlake Wealth Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 0.4% in the third quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock worth $2,885,000 after buying an additional 106 shares during the period. PrairieView Partners LLC raised its holdings in shares of Avantis U.S. Equity ETF by 1.6% during the second quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock worth $785,000 after acquiring an additional 138 shares in the last quarter. Waterfront Wealth Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 1.0% during the second quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock worth $1,305,000 after acquiring an additional 150 shares in the last quarter. Tranquility Partners LLC raised its holdings in shares of Avantis U.S. Equity ETF by 3.9% during the second quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock worth $385,000 after acquiring an additional 161 shares in the last quarter. Finally, Capital Group Private Client Services Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 0.3% during the first quarter. Capital Group Private Client Services Inc. now owns 56,331 shares of the company’s stock worth $5,042,000 after acquiring an additional 166 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 1.1 %

Shares of NYSEARCA:AVUS opened at $98.35 on Friday. Avantis U.S. Equity ETF has a 1 year low of $75.40 and a 1 year high of $100.78. The business has a fifty day simple moving average of $95.64 and a 200 day simple moving average of $92.21. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

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.