Index Fund Advisors Inc. Boosts Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Index Fund Advisors Inc. lifted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 26.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,871 shares of the company’s stock after purchasing an additional 595 shares during the period. Index Fund Advisors Inc.’s holdings in Avantis U.S. Equity ETF were worth $273,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. grew its stake in Avantis U.S. Equity ETF by 198.8% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock worth $7,440,000 after purchasing an additional 52,021 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of Avantis U.S. Equity ETF during the second quarter worth approximately $231,000. Vicus Capital increased its stake in shares of Avantis U.S. Equity ETF by 6.2% during the first quarter. Vicus Capital now owns 20,334 shares of the company’s stock worth $1,820,000 after buying an additional 1,191 shares during the period. Sunbelt Securities Inc. raised its holdings in Avantis U.S. Equity ETF by 6.3% in the second quarter. Sunbelt Securities Inc. now owns 9,545 shares of the company’s stock valued at $861,000 after acquiring an additional 564 shares in the last quarter. Finally, Full Sail Capital LLC lifted its stake in Avantis U.S. Equity ETF by 0.8% in the second quarter. Full Sail Capital LLC now owns 708,963 shares of the company’s stock worth $63,941,000 after acquiring an additional 5,584 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS traded up $0.20 during trading on Thursday, reaching $95.87. 30,946 shares of the company’s stock were exchanged, compared to its average volume of 251,966. The company has a 50 day moving average price of $93.89 and a two-hundred day moving average price of $90.87. The stock has a market cap of $6.91 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 1 year low of $69.57 and a 1 year high of $97.51.

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.