SOL Capital Management CO Acquires 14,556 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

SOL Capital Management CO lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 26.2% in the first quarter, Holdings Channel.com reports. The fund owned 70,136 shares of the company’s stock after purchasing an additional 14,556 shares during the quarter. SOL Capital Management CO’s holdings in Avantis U.S. Equity ETF were worth $6,479,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. American Century Companies Inc. lifted its holdings in shares of Avantis U.S. Equity ETF by 4.0% during the 4th quarter. American Century Companies Inc. now owns 3,229,740 shares of the company’s stock worth $313,059,000 after acquiring an additional 124,726 shares during the period. Oak Root LLC lifted its holdings in Avantis U.S. Equity ETF by 0.4% during the 1st quarter. Oak Root LLC now owns 3,049,727 shares of the company’s stock valued at $281,734,000 after purchasing an additional 13,125 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Avantis U.S. Equity ETF by 1.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,727,996 shares of the company’s stock valued at $167,495,000 after purchasing an additional 25,687 shares during the last quarter. Adero Partners LLC lifted its holdings in Avantis U.S. Equity ETF by 5.9% during the 1st quarter. Adero Partners LLC now owns 1,659,169 shares of the company’s stock valued at $153,274,000 after purchasing an additional 91,967 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in Avantis U.S. Equity ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 1,422,531 shares of the company’s stock valued at $137,886,000 after purchasing an additional 80,265 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.2%

Shares of AVUS stock opened at $98.86 on Thursday. Avantis U.S. Equity ETF has a 12-month low of $79.20 and a 12-month high of $102.23. The company has a market capitalization of $8.54 billion, a P/E ratio of 20.35 and a beta of 1.02. The firm has a 50-day moving average price of $94.75 and a 200 day moving average price of $95.71.

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.