Modera Wealth Management LLC Has $114.26 Million Stock Holdings in Avantis U.S. Equity ETF $AVUS

Modera Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,027,703 shares of the company’s stock after acquiring an additional 33,490 shares during the period. Avantis U.S. Equity ETF makes up about 1.4% of Modera Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Modera Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $114,260,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. CPC Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 1.4% during the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after purchasing an additional 6,820 shares during the period. Tandemgrowth Financial Advisors LLC acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at approximately $34,880,000. Leo Wealth LLC grew its stake in shares of Avantis U.S. Equity ETF by 81.0% in the 4th quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock valued at $54,104,000 after purchasing an additional 216,502 shares during the period. Signature Resources Capital Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 5.6% in the 4th quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock valued at $30,361,000 after purchasing an additional 14,461 shares during the period. Finally, Riverchase Wealth Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 16.9% in the 4th quarter. Riverchase Wealth Management LLC now owns 36,891 shares of the company’s stock valued at $4,124,000 after purchasing an additional 5,338 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.8%

Shares of AVUS opened at $127.12 on Friday. The stock has a market cap of $13.79 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1 year low of $100.82 and a 1 year high of $128.86. The stock has a 50 day simple moving average of $126.65 and a 200-day simple moving average of $119.47.

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.