Kestra Investment Management LLC Has $2.27 Million Position in Avantis U.S. Equity ETF $AVUS

Kestra Investment Management LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 176.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,613 shares of the company’s stock after buying an additional 15,699 shares during the quarter. Kestra Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVUS. HB Wealth Management LLC lifted its stake in shares of Avantis U.S. Equity ETF by 2,108.4% in the 1st quarter. HB Wealth Management LLC now owns 1,174,242 shares of the company’s stock valued at $108,476,000 after purchasing an additional 1,121,070 shares during the period. LPL Financial LLC lifted its stake in shares of Avantis U.S. Equity ETF by 51.1% in the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after purchasing an additional 727,153 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Avantis U.S. Equity ETF by 151.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock valued at $99,467,000 after purchasing an additional 649,341 shares during the period. Simplicity Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 1st quarter valued at about $59,252,000. Finally, Bank of America Corp DE lifted its stake in shares of Avantis U.S. Equity ETF by 260.4% in the 4th quarter. Bank of America Corp DE now owns 561,165 shares of the company’s stock valued at $54,394,000 after purchasing an additional 405,465 shares during the period.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS opened at $106.50 on Friday. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 20.35 and a beta of 1.05. The business’s 50-day moving average is $103.77 and its 200-day moving average is $97.21. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $107.34.

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.