Bayshore Asset Management LLC Acquires 6,416 Shares of Avantis U.S. Equity ETF $AVUS

Bayshore Asset Management LLC grew its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,825 shares of the company’s stock after purchasing an additional 6,416 shares during the quarter. Avantis U.S. Equity ETF comprises about 3.4% of Bayshore Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Bayshore Asset Management LLC’s holdings in Avantis U.S. Equity ETF were worth $8,653,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Tranquility Partners LLC increased its position in Avantis U.S. Equity ETF by 1.9% in the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock worth $523,000 after buying an additional 89 shares during the last quarter. Diversified Portfolios Inc. lifted its position in shares of Avantis U.S. Equity ETF by 1.6% during the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after buying an additional 90 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after acquiring an additional 97 shares during the period. RCS Financial Planning LLC increased its holdings in Avantis U.S. Equity ETF by 4.0% in the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after acquiring an additional 102 shares during the last quarter. Finally, Avant Financial Advisors LLC increased its holdings in Avantis U.S. Equity ETF by 0.8% in the 1st quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock worth $1,504,000 after acquiring an additional 106 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $127.09 on Friday. The stock has a market capitalization of $13.64 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52-week low of $100.71 and a 52-week high of $128.86. The stock’s 50-day simple moving average is $125.42 and its 200 day simple moving average is $118.31.

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.