Prosperity Planning Inc. Purchases 962 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Prosperity Planning Inc. raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,727 shares of the company’s stock after acquiring an additional 962 shares during the period. Avantis U.S. Equity ETF makes up about 1.2% of Prosperity Planning Inc.’s portfolio, making the stock its 21st biggest holding. Prosperity Planning Inc. owned approximately 0.05% of Avantis U.S. Equity ETF worth $3,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its holdings in shares of Avantis U.S. Equity ETF by 11,619.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares in the last quarter. Life Planning Partners Inc grew its position in shares of Avantis U.S. Equity ETF by 9,594.1% in the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock valued at $92,000 after buying an additional 944,060 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $52,872,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $42,724,000. Finally, Bank of America Corp DE boosted its position in shares of Avantis U.S. Equity ETF by 260.4% during the 4th quarter. Bank of America Corp DE now owns 561,165 shares of the company’s stock valued at $54,394,000 after purchasing an additional 405,465 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of Avantis U.S. Equity ETF stock opened at $97.03 on Friday. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $102.23. The stock’s 50-day moving average is $91.57 and its 200 day moving average is $95.99. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of 20.32 and a beta of 1.02.

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.