Frankly Finances LLC Acquires New Position in Avantis U.S. Equity ETF $AVUS

Frankly Finances LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,586 shares of the company’s stock, valued at approximately $848,000. Avantis U.S. Equity ETF makes up about 0.7% of Frankly Finances LLC’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVUS. EverSource Wealth Advisors LLC grew its position in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares in the last quarter. Parkside Financial Bank & Trust grew its position in Avantis U.S. Equity ETF by 151.0% during the third quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares in the last quarter. Trust Co. of Vermont purchased a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $51,000. Assetmark Inc. grew its position in Avantis U.S. Equity ETF by 116.0% during the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after purchasing an additional 311 shares in the last quarter. Finally, Independence Bank of Kentucky purchased a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $92,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $118.98 on Friday. The company’s 50 day moving average price is $114.46 and its 200 day moving average price is $112.50. Avantis U.S. Equity ETF has a 52 week low of $83.67 and a 52 week high of $119.13. The company has a market capitalization of $11.77 billion, a PE ratio of 20.35 and a beta of 1.00.

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.