156,955 Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS) Purchased by Trace Wealth Advisors LLC

Trace Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 156,955 shares of the company’s stock, valued at approximately $15,214,000. Avantis U.S. Equity ETF accounts for about 13.6% of Trace Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Trace Wealth Advisors LLC owned approximately 0.22% of Avantis U.S. Equity ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in Avantis U.S. Equity ETF by 5.3% in the fourth quarter. Royal Bank of Canada now owns 168,247 shares of the company’s stock worth $16,308,000 after purchasing an additional 8,401 shares in the last quarter. Quantinno Capital Management LP bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth about $424,000. Minot DeBlois Advisors LLC bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth about $41,000. Focus Partners Wealth raised its holdings in Avantis U.S. Equity ETF by 5.9% in the fourth quarter. Focus Partners Wealth now owns 349,290 shares of the company’s stock worth $33,857,000 after purchasing an additional 19,513 shares in the last quarter. Finally, Francis Financial Inc. bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth about $249,000.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $97.73 on Friday. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $102.23. The company has a market capitalization of $8.34 billion, a PE ratio of 20.78 and a beta of 1.03. The company has a 50-day simple moving average of $90.68 and a two-hundred day simple moving average of $96.15.

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.