HighTower Advisors LLC Has $156.69 Million Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

HighTower Advisors LLC trimmed its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,616,485 shares of the company’s stock after selling 9,171 shares during the period. HighTower Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $156,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Index Fund Advisors Inc. grew its holdings in Avantis U.S. Equity ETF by 4.1% in the 4th quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock valued at $290,000 after buying an additional 118 shares in the last quarter. SageView Advisory Group LLC grew its holdings in Avantis U.S. Equity ETF by 0.5% in the 3rd quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock valued at $2,753,000 after buying an additional 133 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Avantis U.S. Equity ETF by 6.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock valued at $226,000 after buying an additional 138 shares in the last quarter. Valued Wealth Advisors LLC grew its holdings in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock valued at $1,408,000 after buying an additional 163 shares in the last quarter. Finally, Wealth Management Partners LLC grew its holdings in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after buying an additional 166 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA AVUS opened at $91.76 on Wednesday. The stock’s fifty day moving average price is $98.75 and its two-hundred day moving average price is $97.46. Avantis U.S. Equity ETF has a one year low of $84.26 and a one year high of $102.23. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06.

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.