Tranquility Partners LLC Buys 876 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Tranquility Partners LLC increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 28.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,926 shares of the company’s stock after buying an additional 876 shares during the quarter. Tranquility Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $320,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Citigroup Inc. bought a new position in Avantis U.S. Equity ETF in the 1st quarter valued at $27,000. Deutsche Bank AG purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth about $42,000. Comerica Bank purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth about $63,000. Lindbrook Capital LLC purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth about $88,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $139,000.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS traded up $0.20 on Thursday, hitting $85.16. The company’s stock had a trading volume of 25,120 shares, compared to its average volume of 270,397. The company has a 50-day simple moving average of $86.79 and a 200 day simple moving average of $80.79. Avantis U.S. Equity ETF has a 1 year low of $68.68 and a 1 year high of $89.65. The company has a market capitalization of $6.21 billion, a PE ratio of 17.12 and a beta of 1.05.

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.