Modera Wealth Management LLC Boosts Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Modera Wealth Management LLC raised its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 807,616 shares of the company’s stock after purchasing an additional 26,826 shares during the period. Avantis U.S. Equity ETF comprises approximately 1.0% of Modera Wealth Management LLC’s portfolio, making the stock its 25th biggest holding. Modera Wealth Management LLC owned 1.12% of Avantis U.S. Equity ETF worth $76,845,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in AVUS. National Bank of Canada FI acquired a new position in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $25,000. Global Trust Asset Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 833.3% in the second quarter. Global Trust Asset Management LLC now owns 280 shares of the company’s stock valued at $25,000 after acquiring an additional 250 shares in the last quarter. Private Ocean LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the second quarter valued at $69,000. LRI Investments LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the first quarter valued at $135,000. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Avantis U.S. Equity ETF during the 1st quarter worth about $176,000.

Avantis U.S. Equity ETF Trading Down 0.2 %

NYSEARCA:AVUS opened at $95.72 on Friday. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $97.51. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The company’s 50-day moving average is $94.05 and its two-hundred day moving average is $90.97.

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.