Prudent Investor Advisors LLC Purchases 3,975 Shares of Avantis U.S. Equity ETF $AVUS

Prudent Investor Advisors LLC purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, HoldingsChannel.com reports. The firm purchased 3,975 shares of the company’s stock, valued at approximately $509,000. Avantis U.S. Equity ETF accounts for 0.4% of Prudent Investor Advisors LLC’s holdings, making the stock its 21st biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Approach Retirement Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 4.0% in the third quarter. Approach Retirement Advisors LLC now owns 62,321 shares of the company’s stock valued at $7,983,000 after buying an additional 2,388 shares during the last quarter. Insight Advisors LLC PA acquired a new position in Avantis U.S. Equity ETF in the 3rd quarter valued at about $386,000. Brookstone Capital Management acquired a new position in Avantis U.S. Equity ETF in the 3rd quarter valued at about $280,000. Legacy Financial Group Inc. increased its position in Avantis U.S. Equity ETF by 9.7% in the 3rd quarter. Legacy Financial Group Inc. now owns 427,847 shares of the company’s stock valued at $54,803,000 after acquiring an additional 37,788 shares during the period. Finally, Root Financial Partners LLC raised its stake in Avantis U.S. Equity ETF by 73.6% during the 3rd quarter. Root Financial Partners LLC now owns 4,650 shares of the company’s stock valued at $596,000 after acquiring an additional 1,971 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.6%

AVUS traded down $0.73 on Friday, hitting $128.06. 264,265 shares of the company traded hands, compared to its average volume of 322,707. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The company has a 50 day moving average of $129.78 and a 200-day moving average of $126.95. The stock has a market capitalization of $14.59 billion, a PE ratio of 20.35 and a beta of 1.00.

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.