Ehrlich Financial Group Has $16.36 Million Position in Avantis U.S. Equity ETF $AVUS

Ehrlich Financial Group lifted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 76.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,765 shares of the company’s stock after purchasing an additional 55,435 shares during the period. Avantis U.S. Equity ETF makes up about 8.4% of Ehrlich Financial Group’s investment portfolio, making the stock its biggest position. Ehrlich Financial Group owned approximately 0.12% of Avantis U.S. Equity ETF worth $16,364,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of AVUS. Godfrey Financial Associates Inc. acquired a new position in Avantis U.S. Equity ETF during the 4th quarter worth $29,000. Brown Brothers Harriman & Co. bought a new position in Avantis U.S. Equity ETF in the 4th quarter valued at $29,000. EverSource Wealth Advisors LLC increased its stake 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 buying an additional 208 shares during the period. Monetary Solutions Ltd acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $39,000. Finally, Federation des caisses Desjardins du Quebec bought a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth $39,000.

Avantis U.S. Equity ETF Stock Up 0.4%

Shares of AVUS opened at $131.18 on Friday. Avantis U.S. Equity ETF has a 12-month low of $103.22 and a 12-month high of $132.19. The firm has a market capitalization of $14.40 billion, a PE ratio of 20.35 and a beta of 0.99. The stock’s fifty day simple moving average is $127.45 and its 200-day simple moving average is $120.97.

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.