Prospect Financial Group LLC Takes $1.03 Million Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Prospect Financial Group LLC bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,652 shares of the company’s stock, valued at approximately $1,033,000. Avantis U.S. Equity ETF comprises 1.3% of Prospect Financial Group LLC’s portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC increased its position in shares of Avantis U.S. Equity ETF by 165.6% during the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock worth $63,000 after purchasing an additional 404 shares during the last quarter. Blue Trust Inc. increased its holdings in Avantis U.S. Equity ETF by 128.5% during the fourth quarter. Blue Trust Inc. now owns 697 shares of the company’s stock worth $68,000 after buying an additional 392 shares during the last quarter. Life Planning Partners Inc raised its position in Avantis U.S. Equity ETF by 9,594.1% during the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in Avantis U.S. Equity ETF in the fourth quarter valued at $97,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 11.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock valued at $147,000 after acquiring an additional 154 shares during the period.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $95.26 on Tuesday. The company’s 50-day moving average is $97.97 and its 200-day moving average is $97.48. The firm has a market capitalization of $7.83 billion, a PE ratio of 20.02 and a beta of 1.06. Avantis U.S. Equity ETF has a fifty-two week low of $84.26 and a fifty-two week high of $102.23.

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.