Fifth Third Securities Inc. Takes Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Fifth Third Securities Inc. bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 17,865 shares of the company’s stock, valued at approximately $1,732,000.

Several other large investors have also recently bought and sold shares of AVUS. NewEdge Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 30.7% in the 2nd quarter. NewEdge Advisors LLC now owns 18,594 shares of the company’s stock valued at $1,677,000 after acquiring an additional 4,372 shares in the last quarter. Truist Financial Corp raised its stake in shares of Avantis U.S. Equity ETF by 85.5% in the second quarter. Truist Financial Corp now owns 5,399 shares of the company’s stock valued at $487,000 after purchasing an additional 2,489 shares in the last quarter. Cetera Investment Advisers lifted its position in Avantis U.S. Equity ETF by 7.1% in the second quarter. Cetera Investment Advisers now owns 38,880 shares of the company’s stock worth $3,507,000 after purchasing an additional 2,570 shares during the period. Sanctuary Advisors LLC acquired a new stake in Avantis U.S. Equity ETF during the second quarter worth $1,276,000. Finally, Park Avenue Securities LLC increased its holdings in Avantis U.S. Equity ETF by 9.9% in the 3rd quarter. Park Avenue Securities LLC now owns 519,704 shares of the company’s stock valued at $49,450,000 after buying an additional 46,901 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $100.30 on Friday. The firm has a fifty day moving average of $99.55 and a 200-day moving average of $95.91. The stock has a market cap of $7.23 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 52-week low of $81.73 and a 52-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.