Almanack Investment Partners LLC. Invests $206,000 in Avantis U.S. Equity ETF $AVUS

Almanack Investment Partners LLC. bought a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,040 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds also recently made changes to their positions in the company. Triune Financial Partners LLC lifted its stake in shares of Avantis U.S. Equity ETF by 0.3% in the 1st quarter. Triune Financial Partners LLC now owns 33,914 shares of the company’s stock worth $3,133,000 after acquiring an additional 106 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Avantis U.S. Equity ETF by 2.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 5,412 shares of the company’s stock worth $500,000 after acquiring an additional 146 shares during the period. AE Wealth Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 9.8% in the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after purchasing an additional 146 shares in the last quarter. Sigma Planning Corp increased its holdings in shares of Avantis U.S. Equity ETF by 5.0% in the 1st quarter. Sigma Planning Corp now owns 3,956 shares of the company’s stock valued at $365,000 after purchasing an additional 188 shares in the last quarter. Finally, Morris Financial Concepts Inc. increased its holdings in shares of Avantis U.S. Equity ETF by 0.8% in the 1st quarter. Morris Financial Concepts Inc. now owns 25,092 shares of the company’s stock valued at $2,318,000 after purchasing an additional 206 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 1.6%

Shares of AVUS opened at $107.64 on Tuesday. The company has a 50-day simple moving average of $106.73 and a 200-day simple moving average of $99.64. The company has a market capitalization of $9.71 billion, a PE ratio of 20.35 and a beta of 1.05. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $109.75.

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.