MCF Advisors LLC Makes New $16 Million Investment in Avantis U.S. Equity ETF $AVUS

MCF Advisors LLC purchased a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 143,153 shares of the company’s stock, valued at approximately $16,002,000. Avantis U.S. Equity ETF comprises 0.9% of MCF Advisors LLC’s holdings, making the stock its 19th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Diversified Portfolios Inc. grew its position in Avantis U.S. Equity ETF by 1.6% during the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after purchasing an additional 90 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares in the last quarter. RCS Financial Planning LLC grew its position in Avantis U.S. Equity ETF by 4.0% during the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after purchasing an additional 102 shares in the last quarter. Physician Wealth Solutions Inc. grew its position in Avantis U.S. Equity ETF by 0.3% during the 4th quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock worth $4,132,000 after purchasing an additional 107 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC grew its position in Avantis U.S. Equity ETF by 4.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock worth $309,000 after purchasing an additional 114 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS opened at $125.15 on Friday. Avantis U.S. Equity ETF has a twelve month low of $97.00 and a twelve month high of $128.62. The stock has a market cap of $12.50 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The firm’s 50 day moving average price is $120.90 and its two-hundred day moving average price is $116.09.

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.