Northwestern Mutual Wealth Management Co. Has $195.71 Million Stock Position in Avantis U.S. Equity ETF $AVUS

Northwestern Mutual Wealth Management Co. lifted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 145.2% in the fourth quarter, HoldingsChannel reports. The firm owned 1,750,845 shares of the company’s stock after purchasing an additional 1,036,918 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Avantis U.S. Equity ETF were worth $195,709,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AVUS. CPC Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 1.4% in the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after acquiring an additional 6,820 shares in the last quarter. Great Point Wealth Advisors LLC purchased a new stake in Avantis U.S. Equity ETF in the 3rd quarter worth about $122,327,000. Leo Wealth LLC lifted its stake in Avantis U.S. Equity ETF by 81.0% in the 4th quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock worth $54,104,000 after acquiring an additional 216,502 shares in the last quarter. Signature Resources Capital Management LLC lifted its stake in Avantis U.S. Equity ETF by 5.6% in the 4th quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock worth $30,361,000 after acquiring an additional 14,461 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in Avantis U.S. Equity ETF by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after acquiring an additional 96,975 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 1.2%

Shares of Avantis U.S. Equity ETF stock opened at $124.39 on Friday. The stock has a 50-day moving average price of $116.73 and a 200 day moving average price of $114.38. The company has a market cap of $12.43 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1 year low of $94.17 and a 1 year high of $126.16.

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.