Generations Wealth LLC Makes New $10.82 Million Investment in Avantis U.S. Equity ETF $AVUS

Generations Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 96,792 shares of the company’s stock, valued at approximately $10,819,000. Avantis U.S. Equity ETF accounts for about 11.1% of Generations Wealth LLC’s holdings, making the stock its 3rd biggest position.

Several other hedge funds have also made changes to their positions in AVUS. Financial Plan Inc. acquired a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $149,298,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after buying an additional 1,036,918 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Avantis U.S. Equity ETF by 181.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after buying an additional 730,960 shares during the period. HB Wealth Management LLC boosted its stake in shares of Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock worth $586,714,000 after buying an additional 486,787 shares during the period. Finally, Indivisible Partners acquired a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $38,867,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $126.75 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $97.00 and a fifty-two week high of $128.62. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The firm has a 50-day simple moving average of $122.43 and a 200-day simple moving average of $116.73.

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.