Kestra Advisory Services LLC Grows Position in Avantis U.S. Equity ETF $AVUS

Kestra Advisory Services LLC boosted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 17.0% during the 1st quarter, Holdings Channel reports. The fund owned 269,036 shares of the company’s stock after acquiring an additional 39,005 shares during the quarter. Kestra Advisory Services LLC’s holdings in Avantis U.S. Equity ETF were worth $29,911,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in Avantis U.S. Equity ETF in the fourth quarter worth approximately $670,000. EverSource Wealth Advisors LLC increased its position in shares of 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 valued at $36,000 after purchasing an additional 208 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Avantis U.S. Equity ETF by 140.4% in the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after purchasing an additional 9,022 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Avantis U.S. Equity ETF by 17.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth $1,901,000.

Avantis U.S. Equity ETF Trading Up 0.4%

NYSEARCA:AVUS traded up $0.57 during trading hours on Friday, hitting $128.51. The company’s stock had a trading volume of 235,432 shares, compared to its average volume of 329,806. The stock has a market capitalization of $13.89 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock has a fifty day moving average of $126.22 and a 200-day moving average of $118.95. Avantis U.S. Equity ETF has a 52-week low of $100.71 and a 52-week high of $128.86.

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.