Kestra Advisory Services LLC Boosts Stock Position in Avantis U.S. Equity ETF $AVUS

Kestra Advisory Services LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 17.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,036 shares of the company’s stock after acquiring an additional 39,005 shares during the period. Kestra Advisory Services LLC owned about 0.27% of Avantis U.S. Equity ETF worth $29,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AVUS. Brighton Jones LLC purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at approximately $670,000. EverSource Wealth Advisors LLC increased its stake in Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after buying an additional 208 shares during the period. First Trust Advisors LP lifted its holdings in Avantis U.S. Equity ETF by 140.4% during the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock worth $1,557,000 after buying an additional 9,022 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after buying an additional 144 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in Avantis U.S. Equity ETF in the 2nd quarter valued at approximately $1,901,000.

Avantis U.S. Equity ETF Stock Up 0.4%

AVUS stock traded up $0.57 during midday trading on Friday, hitting $128.51. The company’s stock had a trading volume of 235,432 shares, compared to its average volume of 329,806. The firm has a 50-day simple moving average of $126.22 and a 200-day simple moving average of $118.95. The firm has a market capitalization of $13.89 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52-week low of $100.71 and a 52-week high of $128.86.

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.