Capstone Wealth Management Inc. Invests $1.34 Million in Avantis U.S. Equity ETF $AVUS

Capstone Wealth Management Inc. bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,919 shares of the company’s stock, valued at approximately $1,336,000. Avantis U.S. Equity ETF comprises approximately 1.2% of Capstone Wealth Management Inc.’s investment portfolio, making the stock its 19th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in AVUS. Align Financial LLC purchased a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $4,024,752,000. HB Wealth Management LLC increased its stake in 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 buying an additional 486,787 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Avantis U.S. Equity ETF by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after buying an additional 96,975 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Avantis U.S. Equity ETF by 2.7% during the 4th quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock worth $221,280,000 after buying an additional 52,018 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Avantis U.S. Equity ETF by 145.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after buying an additional 1,036,918 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 1.1%

Shares of NYSEARCA AVUS opened at $127.64 on Friday. The company has a market capitalization of $12.75 billion, a PE ratio of 20.35 and a beta of 0.99. The stock’s 50 day moving average price is $123.65 and its 200-day moving average price is $117.25. Avantis U.S. Equity ETF has a twelve month low of $97.00 and a twelve month high of $128.86.

Avantis U.S. Equity ETF 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.