Sequoia Financial Advisors LLC Acquires New Shares in Avantis U.S. Equity ETF $AVUS

Sequoia Financial Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 19,189 shares of the company’s stock, valued at approximately $2,145,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Indivisible Partners bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $38,867,000. Riverchase Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 16.9% during the 4th quarter. Riverchase Wealth Management LLC now owns 36,891 shares of the company’s stock valued at $4,124,000 after purchasing an additional 5,338 shares during the period. Truist Financial Corp raised its stake in shares of Avantis U.S. Equity ETF by 38.6% during the 4th quarter. Truist Financial Corp now owns 6,959 shares of the company’s stock valued at $778,000 after purchasing an additional 1,938 shares during the period. Heritage Financial Services LLC raised its stake in shares of Avantis U.S. Equity ETF by 69.7% during the 4th quarter. Heritage Financial Services LLC now owns 9,459 shares of the company’s stock valued at $1,057,000 after purchasing an additional 3,886 shares during the period. Finally, HTG Investment Advisors Inc. raised its stake in shares of Avantis U.S. Equity ETF by 13.7% during the 4th quarter. HTG Investment Advisors Inc. now owns 241,223 shares of the company’s stock valued at $26,964,000 after purchasing an additional 29,157 shares during the period.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS opened at $124.64 on Monday. Avantis U.S. Equity ETF has a 52-week low of $92.46 and a 52-week high of $124.83. The firm has a market cap of $12.45 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The business’s fifty day moving average is $115.73 and its 200 day moving average is $113.75.

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.