Foundations Investment Advisors LLC Purchases 43,317 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Foundations Investment Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 55.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 121,229 shares of the company’s stock after acquiring an additional 43,317 shares during the period. Foundations Investment Advisors LLC owned 0.17% of Avantis U.S. Equity ETF worth $11,535,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. raised its stake in Avantis U.S. Equity ETF by 198.8% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock worth $7,440,000 after acquiring an additional 52,021 shares during the period. Brookstone Capital Management bought a new stake in Avantis U.S. Equity ETF during the 2nd quarter worth approximately $231,000. Vicus Capital raised its stake in Avantis U.S. Equity ETF by 6.2% during the 1st quarter. Vicus Capital now owns 20,334 shares of the company’s stock worth $1,820,000 after acquiring an additional 1,191 shares during the period. Sunbelt Securities Inc. raised its stake in Avantis U.S. Equity ETF by 6.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 9,545 shares of the company’s stock worth $861,000 after acquiring an additional 564 shares during the period. Finally, Full Sail Capital LLC raised its stake in Avantis U.S. Equity ETF by 0.8% during the 2nd quarter. Full Sail Capital LLC now owns 708,963 shares of the company’s stock worth $63,941,000 after acquiring an additional 5,584 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.5 %

NYSEARCA AVUS opened at $96.72 on Tuesday. Avantis U.S. Equity ETF has a 12 month low of $69.57 and a 12 month high of $97.51. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The company’s 50 day moving average is $93.64 and its two-hundred day moving average is $90.79.

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.