Avantis U.S. Equity ETF $AVUS Shares Bought by Frankly Finances LLC

Frankly Finances LLC grew its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 80.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 13,720 shares of the company’s stock after purchasing an additional 6,134 shares during the period. Avantis U.S. Equity ETF accounts for 1.4% of Frankly Finances LLC’s holdings, making the stock its 21st largest position. Frankly Finances LLC’s holdings in Avantis U.S. Equity ETF were worth $1,525,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVUS. Tranquility Partners LLC lifted its holdings in Avantis U.S. Equity ETF by 1.9% in the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after acquiring an additional 89 shares during the last quarter. Diversified Portfolios Inc. increased its stake in Avantis U.S. Equity ETF by 1.6% during the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after acquiring an additional 90 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Avantis U.S. Equity ETF by 4.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after acquiring an additional 97 shares during the last quarter. RCS Financial Planning LLC raised its position in Avantis U.S. Equity ETF by 4.0% in the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock valued at $300,000 after purchasing an additional 102 shares during the period. Finally, Avant Financial Advisors LLC raised its position in Avantis U.S. Equity ETF by 0.8% in the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after purchasing an additional 106 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.3%

Shares of Avantis U.S. Equity ETF stock opened at $126.82 on Thursday. Avantis U.S. Equity ETF has a 52 week low of $100.71 and a 52 week high of $128.86. The business’s fifty day simple moving average is $125.92 and its 200-day simple moving average is $118.76. The firm has a market cap of $13.71 billion, a PE ratio of 20.35 and a beta of 0.99.

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.