Commonwealth Equity Services LLC Increases Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Commonwealth Equity Services LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 427,370 shares of the company’s stock after acquiring an additional 31,069 shares during the period. Commonwealth Equity Services LLC owned 0.59% of Avantis U.S. Equity ETF worth $41,425,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Global Retirement Partners LLC grew its position in Avantis U.S. Equity ETF by 165.6% in the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares during the last quarter. Blue Trust Inc. grew its position in Avantis U.S. Equity ETF by 128.5% in the 4th quarter. Blue Trust Inc. now owns 697 shares of the company’s stock valued at $68,000 after buying an additional 392 shares during the last quarter. Life Planning Partners Inc grew its position in Avantis U.S. Equity ETF by 9,594.1% in the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock valued at $92,000 after buying an additional 944,060 shares during the last quarter. Global Wealth Strategies & Associates purchased a new position in Avantis U.S. Equity ETF in the 4th quarter valued at $97,000. Finally, EverSource Wealth Advisors LLC grew its position in Avantis U.S. Equity ETF by 11.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock valued at $147,000 after buying an additional 154 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

NYSEARCA:AVUS opened at $92.72 on Friday. The firm’s fifty day moving average price is $98.42 and its 200 day moving average price is $97.37. Avantis U.S. Equity ETF has a 1-year low of $84.26 and a 1-year high of $102.23. The firm has a market cap of $7.58 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06.

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.