Gradient Investments LLC Raises Position in Avantis U.S. Equity ETF $AVUS

Gradient Investments LLC boosted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 57.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 298,812 shares of the company’s stock after purchasing an additional 109,512 shares during the period. Gradient Investments LLC’s holdings in Avantis U.S. Equity ETF were worth $33,401,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AVUS. HB Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 27.5% in the third quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock worth $517,634,000 after buying an additional 1,026,636 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Avantis U.S. Equity ETF by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after buying an additional 96,975 shares during the last quarter. Annex Advisory Services LLC lifted its position in shares of Avantis U.S. Equity ETF by 1.3% during the 3rd quarter. Annex Advisory Services LLC now owns 2,619,704 shares of the company’s stock valued at $284,762,000 after buying an additional 34,332 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,659,090 shares of the company’s stock worth $180,347,000 after acquiring an additional 21,152 shares during the period. Finally, Traphagen Investment Advisors LLC increased its holdings in Avantis U.S. Equity ETF by 1.5% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 1,233,425 shares of the company’s stock worth $134,073,000 after acquiring an additional 18,287 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $109.99 on Monday. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $118.27. The business has a 50-day moving average of $115.15 and a 200 day moving average of $111.81. The firm has a market cap of $10.52 billion, a P/E ratio of 20.35 and a beta of 1.02.

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.