Clune & Associates LTD. Grows Position in Avantis U.S. Equity ETF $AVUS

Clune & Associates LTD. lifted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 433.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,104 shares of the company’s stock after buying an additional 9,021 shares during the quarter. Clune & Associates LTD.’s holdings in Avantis U.S. Equity ETF were worth $1,241,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AVUS. Financial Plan Inc. purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth $149,298,000. Northwestern Mutual Wealth Management Co. raised its stake in Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after purchasing an additional 1,036,918 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Avantis U.S. Equity ETF by 181.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after purchasing an additional 730,960 shares in the last quarter. HB Wealth Management LLC raised its stake in Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after purchasing an additional 486,787 shares in the last quarter. Finally, Indivisible Partners purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at $38,867,000.

Avantis U.S. Equity ETF Stock Up 0.5%

Avantis U.S. Equity ETF stock opened at $125.77 on Friday. The company has a market cap of $12.56 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The firm’s fifty day moving average is $117.81 and its 200 day moving average is $114.87. Avantis U.S. Equity ETF has a 52-week low of $94.17 and a 52-week high of $126.25.

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.