Independent Advisor Alliance Takes Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Independent Advisor Alliance acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,439 shares of the company’s stock, valued at approximately $6,440,000. Independent Advisor Alliance owned approximately 0.09% of Avantis U.S. Equity ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AVUS. Atria Investments Inc purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at $216,000. Northwest Wealth Management LLC increased its stake in Avantis U.S. Equity ETF by 1.0% in the third quarter. Northwest Wealth Management LLC now owns 88,851 shares of the company’s stock valued at $8,454,000 after purchasing an additional 918 shares during the last quarter. Savvy Advisors Inc. acquired a new position in Avantis U.S. Equity ETF in the third quarter valued at $303,000. Empower Advisory Group LLC acquired a new position in Avantis U.S. Equity ETF in the third quarter valued at $202,000. Finally, OneDigital Investment Advisors LLC increased its stake in Avantis U.S. Equity ETF by 0.3% in the third quarter. OneDigital Investment Advisors LLC now owns 744,603 shares of the company’s stock valued at $70,849,000 after purchasing an additional 2,161 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 2.5 %

Avantis U.S. Equity ETF stock opened at $92.47 on Tuesday. The firm has a market capitalization of $7.56 billion, a P/E ratio of 21.19 and a beta of 1.06. The stock has a fifty day moving average price of $98.85 and a 200 day moving average price of $97.47. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week high of $102.23.

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.