Modera Wealth Management LLC Buys 22,600 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Modera Wealth Management LLC boosted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 830,216 shares of the company’s stock after purchasing an additional 22,600 shares during the period. Avantis U.S. Equity ETF makes up approximately 1.0% of Modera Wealth Management LLC’s holdings, making the stock its 24th largest position. Modera Wealth Management LLC owned about 1.15% of Avantis U.S. Equity ETF worth $80,473,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its stake in shares of Avantis U.S. Equity ETF by 6.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock worth $226,000 after acquiring an additional 138 shares during the last quarter. WR Wealth Planners LLC boosted its stake in shares of Avantis U.S. Equity ETF by 2.4% during the 4th quarter. WR Wealth Planners LLC now owns 150,382 shares of the company’s stock worth $14,577,000 after acquiring an additional 3,564 shares during the last quarter. Nwam LLC boosted its stake in shares of Avantis U.S. Equity ETF by 82.0% during the 4th quarter. Nwam LLC now owns 15,768 shares of the company’s stock worth $1,528,000 after acquiring an additional 7,106 shares during the last quarter. Magnolia Private Wealth LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth $5,950,000. Finally, Continuum Wealth Advisors LLC boosted its stake in shares of Avantis U.S. Equity ETF by 4.6% during the 4th quarter. Continuum Wealth Advisors LLC now owns 321,996 shares of the company’s stock worth $31,211,000 after acquiring an additional 14,295 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of Avantis U.S. Equity ETF stock opened at $98.30 on Friday. The company’s fifty day simple moving average is $99.27 and its 200-day simple moving average is $97.31. The stock has a market capitalization of $8.04 billion, a PE ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a 1-year low of $84.26 and a 1-year high of $102.23.

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.