Gateway Wealth Partners LLC Has $30.30 Million Stake in Avantis U.S. Equity ETF $AVUS

Gateway Wealth Partners LLC raised its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 131.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 272,522 shares of the company’s stock after buying an additional 154,609 shares during the quarter. Avantis U.S. Equity ETF comprises about 1.2% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding. Gateway Wealth Partners LLC owned approximately 0.27% of Avantis U.S. Equity ETF worth $30,299,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AVUS. Godfrey Financial Associates Inc. bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $29,000. Brown Brothers Harriman & Co. purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at approximately $29,000. EverSource Wealth Advisors LLC boosted its stake in 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. Monetary Solutions Ltd acquired a new stake in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $39,000. Finally, Federation des caisses Desjardins du Quebec purchased a new position in Avantis U.S. Equity ETF in the fourth quarter worth $39,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $126.91 on Monday. The business’s fifty day simple moving average is $126.89 and its 200-day simple moving average is $120.04. The company has a market cap of $13.82 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12-month low of $100.82 and a 12-month high of $128.86.

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.