L.K. Benson & Company P.C. Acquires New Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

L.K. Benson & Company P.C. bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,467 shares of the company’s stock, valued at approximately $530,000.

A number of other hedge funds also recently added to or reduced their stakes in AVUS. Strategic Financial Concepts LLC raised its stake in shares of Avantis U.S. Equity ETF by 11,619.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock valued at $21,023,000 after acquiring an additional 19,784,005 shares in the last quarter. Life Planning Partners Inc increased its holdings in Avantis U.S. Equity ETF by 9,594.1% during the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after purchasing an additional 944,060 shares during the period. Raymond James Financial Inc. purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter worth about $52,872,000. Ridgeline Wealth LLC acquired a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at about $26,663,000. Finally, Bridgewater Advisors Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 62.4% in the 4th quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock valued at $49,853,000 after buying an additional 197,030 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS stock opened at $92.63 on Wednesday. The company’s 50 day moving average price is $98.22 and its 200 day moving average price is $97.43. The firm has a market capitalization of $7.62 billion, a price-to-earnings 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.