Stratos Wealth Partners LTD. Raises Stock Holdings in Avantis U.S. Equity ETF $AVUS

Stratos Wealth Partners LTD. grew its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 23.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,929 shares of the company’s stock after acquiring an additional 1,673 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Avantis U.S. Equity ETF were worth $900,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. purchased a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at $25,000. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at $27,000. Harbor Asset Planning Inc. purchased a new stake in shares of Avantis U.S. Equity ETF in the second quarter valued at $29,000. Mattson Financial Services LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at $107,000. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at $127,000.

Avantis U.S. Equity ETF Stock Down 0.7%

Shares of NYSEARCA:AVUS opened at $108.40 on Thursday. The company has a market capitalization of $9.79 billion, a P/E ratio of 20.35 and a beta of 1.05. The stock’s fifty day simple moving average is $107.36 and its 200-day simple moving average is $100.39. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $109.75.

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.