Bank of America Corp DE Acquires 405,465 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Bank of America Corp DE lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 260.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 561,165 shares of the company’s stock after acquiring an additional 405,465 shares during the quarter. Bank of America Corp DE owned approximately 0.78% of Avantis U.S. Equity ETF worth $54,394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Financial Concepts LLC boosted its stake in shares of Avantis U.S. Equity ETF by 11,619.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after acquiring an additional 19,784,005 shares during the period. Annex Advisory Services LLC boosted its stake in Avantis U.S. Equity ETF by 5.0% in the 4th quarter. Annex Advisory Services LLC now owns 3,563,572 shares of the company’s stock valued at $345,417,000 after purchasing an additional 169,636 shares during the period. American Century Companies Inc. boosted its stake in Avantis U.S. Equity ETF by 4.0% in the 4th quarter. American Century Companies Inc. now owns 3,229,740 shares of the company’s stock valued at $313,059,000 after purchasing an additional 124,726 shares during the period. Envestnet Asset Management Inc. boosted its stake in Avantis U.S. Equity ETF by 1.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,727,996 shares of the company’s stock valued at $167,495,000 after purchasing an additional 25,687 shares during the period. Finally, Adero Partners LLC boosted its stake in Avantis U.S. Equity ETF by 8.6% in the 4th quarter. Adero Partners LLC now owns 1,567,202 shares of the company’s stock valued at $151,909,000 after purchasing an additional 124,433 shares during the period.

Avantis U.S. Equity ETF Price Performance

AVUS opened at $96.71 on Wednesday. The business has a fifty day simple moving average of $90.44 and a 200 day simple moving average of $96.13. The company has a market capitalization of $8.03 billion, a PE ratio of 19.26 and a beta of 1.03. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $102.23.

Avantis U.S. Equity ETF Company 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.