CPC Advisors LLC Makes New $52.31 Million Investment in Avantis U.S. Equity ETF $AVUS

CPC Advisors LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, Holdings Channel reports. The fund purchased 481,190 shares of the company’s stock, valued at approximately $52,305,000. Avantis U.S. Equity ETF accounts for approximately 5.5% of CPC Advisors LLC’s investment portfolio, making the stock its biggest holding.

Other hedge funds have also modified their holdings of the company. HB Wealth Management LLC raised its position in shares of Avantis U.S. Equity ETF by 218.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock worth $376,603,000 after purchasing an additional 2,561,165 shares during the last quarter. Maseco LLP acquired a new position in shares of Avantis U.S. Equity ETF in the second quarter worth $211,002,000. Simplicity Wealth LLC raised its holdings in shares of Avantis U.S. Equity ETF by 111.9% in the second quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock worth $137,017,000 after acquiring an additional 717,634 shares during the last quarter. McLean Asset Management Corp lifted its position in shares of Avantis U.S. Equity ETF by 214.0% in the third quarter. McLean Asset Management Corp now owns 478,285 shares of the company’s stock valued at $52,329,000 after acquiring an additional 325,942 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in shares of Avantis U.S. Equity ETF by 11.5% during the second quarter. Annex Advisory Services LLC now owns 2,585,372 shares of the company’s stock valued at $260,657,000 after acquiring an additional 266,285 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.1%

Avantis U.S. Equity ETF stock opened at $115.14 on Tuesday. The stock has a 50-day moving average price of $111.30 and a 200 day moving average price of $107.81. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $115.21. The stock has a market cap of $10.82 billion, a PE ratio of 20.35 and a beta of 1.02.

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.