Avantis U.S. Equity ETF (NYSEARCA:AVUS) Position Boosted by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 53,470 shares of the company’s stock after acquiring an additional 3,143 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $5,088,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. McLean Asset Management Corp grew its holdings in shares of Avantis U.S. Equity ETF by 3.9% in the 1st quarter. McLean Asset Management Corp now owns 88,907 shares of the company’s stock worth $7,890,000 after acquiring an additional 3,315 shares during the last quarter. Park Avenue Securities LLC increased its stake in Avantis U.S. Equity ETF by 10.5% in the 1st quarter. Park Avenue Securities LLC now owns 405,027 shares of the company’s stock worth $36,250,000 after purchasing an additional 38,474 shares in the last quarter. LexAurum Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 1.7% during the 1st quarter. LexAurum Advisors LLC now owns 133,745 shares of the company’s stock worth $11,970,000 after buying an additional 2,289 shares during the period. CVA Family Office LLC raised its holdings in Avantis U.S. Equity ETF by 3.7% during the 1st quarter. CVA Family Office LLC now owns 148,713 shares of the company’s stock worth $13,310,000 after buying an additional 5,355 shares during the period. Finally, Bull Oak Capital LLC lifted its stake in Avantis U.S. Equity ETF by 378.7% during the first quarter. Bull Oak Capital LLC now owns 221,424 shares of the company’s stock valued at $19,817,000 after buying an additional 175,165 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $97.02 on Thursday. Avantis U.S. Equity ETF has a fifty-two week low of $69.57 and a fifty-two week high of $97.26. The firm’s 50 day simple moving average is $93.14 and its 200-day simple moving average is $90.59. The company has a market cap of $7.00 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.