MAI Capital Management Makes New $329,000 Investment in Avantis U.S. Equity ETF $AVUS

MAI Capital Management acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,268 shares of the company’s stock, valued at approximately $329,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVUS. Assetmark Inc. acquired a new stake in Avantis U.S. Equity ETF during the first quarter worth about $25,000. Harbor Asset Planning Inc. acquired a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $29,000. CENTRAL TRUST Co increased its holdings in shares of Avantis U.S. Equity ETF by 774.8% during the 2nd quarter. CENTRAL TRUST Co now owns 1,146 shares of the company’s stock valued at $116,000 after purchasing an additional 1,015 shares in the last quarter. Mattson Financial Services LLC purchased a new stake in Avantis U.S. Equity ETF during the first quarter worth $107,000. Finally, First Horizon Advisors Inc. grew its position in Avantis U.S. Equity ETF by 13.5% during the second quarter. First Horizon Advisors Inc. now owns 1,492 shares of the company’s stock valued at $150,000 after buying an additional 177 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $110.85 on Thursday. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $111.62. The company has a market cap of $10.10 billion, a P/E ratio of 20.35 and a beta of 1.02. The firm has a 50-day simple moving average of $108.97 and a two-hundred day simple moving average of $104.23.

Avantis U.S. Equity ETF Company 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.