Avantis U.S. Equity ETF $AVUS Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,929 shares of the company’s stock after acquiring an additional 9,992 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $9,605,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Avantis U.S. Equity ETF by 151.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock worth $43,000 after acquiring an additional 237 shares in the last quarter. Assetmark Inc. boosted its position in shares of Avantis U.S. Equity ETF by 116.0% during the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after acquiring an additional 311 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in shares of Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after acquiring an additional 144 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth about $114,000.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS opened at $125.89 on Friday. The stock has a 50-day simple moving average of $116.57 and a 200-day simple moving average of $114.31. The stock has a market cap of $12.58 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.

Avantis U.S. Equity ETF Company 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.