HighTower Advisors LLC Raises Stock Position in Avantis U.S. Equity ETF $AVUS

HighTower Advisors LLC grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,676,917 shares of the company’s stock after acquiring an additional 17,827 shares during the period. HighTower Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $187,446,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AVUS. Financial Plan Inc. purchased a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $149,298,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis U.S. Equity ETF by 145.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after acquiring an additional 1,036,918 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Avantis U.S. Equity ETF by 181.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after acquiring an additional 730,960 shares during the period. HB Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 10.2% in the 4th quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after acquiring an additional 486,787 shares during the period. Finally, Indivisible Partners purchased a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $38,867,000.

Avantis U.S. Equity ETF Trading Down 0.1%

Shares of AVUS stock opened at $124.24 on Tuesday. The company’s fifty day simple moving average is $116.92 and its 200-day simple moving average is $114.50. Avantis U.S. Equity ETF has a 52 week low of $94.17 and a 52 week high of $126.16. The company has a market cap of $12.41 billion, a PE ratio of 20.35 and a beta of 0.99.

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.