Vestmark Advisory Solutions Inc. Raises Stake in Avantis U.S. Equity ETF $AVUS

Vestmark Advisory Solutions Inc. lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 14.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 353,156 shares of the company’s stock after purchasing an additional 44,049 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Avantis U.S. Equity ETF were worth $39,476,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after buying an additional 208 shares during the period. Parkside Financial Bank & Trust increased its stake in Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock worth $43,000 after buying an additional 237 shares in the last quarter. Assetmark Inc. raised its holdings in Avantis U.S. Equity ETF by 116.0% during the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after acquiring an additional 311 shares during the period. Qube Research & Technologies Ltd raised its holdings in Avantis U.S. Equity ETF by 17.6% during the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after acquiring an additional 144 shares during the period. Finally, IFP Advisors Inc purchased a new position in shares of Avantis U.S. Equity ETF in the third quarter valued at about $114,000.

Avantis U.S. Equity ETF Stock Up 0.2%

NYSEARCA AVUS opened at $125.19 on Friday. Avantis U.S. Equity ETF has a twelve month low of $94.17 and a twelve month high of $126.16. The business has a 50-day moving average price of $117.57 and a 200-day moving average price of $114.79. The firm has a market cap of $12.51 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

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.