Flagstone Financial Management Acquires 376 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Flagstone Financial Management increased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 120,759 shares of the company’s stock after acquiring an additional 376 shares during the period. Avantis U.S. Equity ETF accounts for about 3.9% of Flagstone Financial Management’s portfolio, making the stock its 9th largest position. Flagstone Financial Management’s holdings in Avantis U.S. Equity ETF were worth $11,705,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVUS. Annex Advisory Services LLC boosted its position in Avantis U.S. Equity ETF by 25.0% in the third quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after buying an additional 679,655 shares in the last quarter. Simplicity Wealth LLC raised its stake in shares of Avantis U.S. Equity ETF by 837.3% in the third quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock worth $59,884,000 after acquiring an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. raised its stake in shares of Avantis U.S. Equity ETF by 2,221.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock worth $32,888,000 after acquiring an additional 330,752 shares during the last quarter. Ridgeline Wealth LLC bought a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $26,663,000. Finally, Smith Anglin Financial LLC raised its stake in shares of Avantis U.S. Equity ETF by 45.6% in the third quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock worth $80,525,000 after acquiring an additional 265,209 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 0.8 %

Shares of NYSEARCA AVUS opened at $100.30 on Friday. Avantis U.S. Equity ETF has a 1-year low of $81.73 and a 1-year high of $102.23. The company has a market cap of $7.23 billion, a PE ratio of 17.22 and a beta of 1.00. The company has a 50-day moving average of $99.54 and a two-hundred day moving average of $95.96.

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.