Cogent Private Wealth Inc. Takes Position in Avantis U.S. Equity ETF $AVUS

Cogent Private Wealth Inc. purchased a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 30,865 shares of the company’s stock, valued at approximately $3,450,000. Avantis U.S. Equity ETF accounts for 2.6% of Cogent Private Wealth Inc.’s holdings, making the stock its 10th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Plan Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $149,298,000. Northwestern Mutual Wealth Management Co. grew its holdings in Avantis U.S. Equity ETF by 145.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after purchasing an additional 1,036,918 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Avantis U.S. Equity ETF by 181.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after buying an additional 730,960 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF by 10.2% in the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after buying an additional 486,787 shares in the last quarter. Finally, Indivisible Partners acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $38,867,000.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $127.63 on Tuesday. The company’s fifty day moving average price is $119.62 and its 200 day moving average price is $115.63. Avantis U.S. Equity ETF has a 1 year low of $95.54 and a 1 year high of $127.89. The stock has a market capitalization of $12.75 billion, a P/E ratio of 20.35 and a beta of 0.99.

Avantis U.S. Equity ETF Company 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.