Adero Partners LLC Boosts Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Adero Partners LLC raised its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,442,769 shares of the company’s stock after buying an additional 51,967 shares during the period. Avantis U.S. Equity ETF accounts for approximately 9.1% of Adero Partners LLC’s portfolio, making the stock its 3rd biggest holding. Adero Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $137,280,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AVUS. Strategic Financial Concepts LLC grew its position in shares of Avantis U.S. Equity ETF by 11,264.4% in the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock valued at $1,291,183,000 after purchasing an additional 14,190,276 shares during the last quarter. Annex Advisory Services LLC grew its position in shares of Avantis U.S. Equity ETF by 25.0% in the third quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after purchasing an additional 679,655 shares during the last quarter. Simplicity Wealth LLC grew its position in shares of Avantis U.S. Equity ETF by 837.3% in the third quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock valued at $59,884,000 after purchasing an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. grew its position in shares of Avantis U.S. Equity ETF by 2,221.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock valued at $32,888,000 after purchasing an additional 330,752 shares during the last quarter. Finally, Smith Anglin Financial LLC grew its position in shares of Avantis U.S. Equity ETF by 45.6% in the third quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock valued at $80,525,000 after purchasing an additional 265,209 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $98.35 on Friday. The company has a market cap of $7.09 billion, a P/E ratio of 17.22 and a beta of 1.00. The stock’s 50-day moving average is $95.64 and its 200-day moving average is $92.21. Avantis U.S. Equity ETF has a 52-week low of $75.40 and a 52-week high of $100.78.

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.