CoreCap Advisors LLC Has $22.66 Million Position in Avantis U.S. Equity ETF $AVUS

CoreCap Advisors LLC grew its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 15.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,933 shares of the company’s stock after acquiring an additional 23,952 shares during the period. Avantis U.S. Equity ETF comprises about 0.7% of CoreCap Advisors LLC’s portfolio, making the stock its 20th largest holding. CoreCap Advisors LLC owned 0.16% of Avantis U.S. Equity ETF worth $22,662,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Align Financial LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $4,024,752,000. Maseco LLP bought a new position in Avantis U.S. Equity ETF during the first quarter worth about $259,864,000. Financial Plan Inc. bought a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $149,298,000. Northwestern Mutual Wealth Management Co. increased its position in Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after buying an additional 1,036,918 shares during the last quarter. Finally, HB Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 9.4% during the first quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock worth $638,692,000 after buying an additional 495,876 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 1.6%

NYSEARCA:AVUS opened at $131.33 on Wednesday. The stock’s 50 day moving average price is $127.23 and its two-hundred day moving average price is $120.68. The firm has a market capitalization of $14.42 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12-month low of $102.20 and a 12-month high of $131.62.

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.