MML Investors Services LLC Grows Stock Position in Avantis U.S. Equity ETF $AVUS

MML Investors Services LLC grew its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 334,652 shares of the company’s stock after acquiring an additional 29,268 shares during the quarter. MML Investors Services LLC’s holdings in Avantis U.S. Equity ETF were worth $37,407,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AVUS. Brighton Jones LLC purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at approximately $670,000. EverSource Wealth Advisors LLC lifted its position in shares of Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after acquiring an additional 208 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Avantis U.S. Equity ETF by 140.4% in the second quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after acquiring an additional 9,022 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after acquiring an additional 144 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in shares of Avantis U.S. Equity ETF in the second quarter valued at approximately $1,901,000.

Avantis U.S. Equity ETF Price Performance

NYSEARCA AVUS opened at $128.44 on Tuesday. The company has a market cap of $12.83 billion, a PE ratio of 20.35 and a beta of 0.99. The stock’s 50 day simple moving average is $122.76 and its 200-day simple moving average is $116.91. Avantis U.S. Equity ETF has a 1-year low of $97.00 and a 1-year high of $128.86.

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.