CoreCap Advisors LLC Raises Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

CoreCap Advisors LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 818.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,723 shares of the company’s stock after purchasing an additional 36,287 shares during the quarter. CoreCap Advisors LLC owned 0.06% of Avantis U.S. Equity ETF worth $3,947,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp raised its holdings in Avantis U.S. Equity ETF by 12.7% in the 4th quarter. Bank of New York Mellon Corp now owns 477,594 shares of the company’s stock valued at $46,293,000 after acquiring an additional 53,763 shares during the last quarter. Leo Wealth LLC raised its stake in shares of Avantis U.S. Equity ETF by 5.7% during the fourth quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock valued at $43,000,000 after purchasing an additional 23,922 shares during the period. Global Retirement Partners LLC boosted its position in Avantis U.S. Equity ETF by 165.6% in the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares during the last quarter. Truist Financial Corp grew its stake in Avantis U.S. Equity ETF by 5.0% during the 4th quarter. Truist Financial Corp now owns 5,664 shares of the company’s stock valued at $549,000 after purchasing an additional 272 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Avantis U.S. Equity ETF by 359.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,799 shares of the company’s stock worth $368,000 after buying an additional 2,972 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $91.62 on Wednesday. The company’s fifty day moving average is $90.63 and its two-hundred day moving average is $96.20. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $102.23. The stock has a market capitalization of $7.61 billion, a price-to-earnings ratio of 19.26 and a beta of 1.03.

Avantis U.S. Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.2962 per share. The ex-dividend date was Tuesday, March 25th.

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.