Maseco LLP Makes New Investment in Avantis U.S. Equity ETF $AVUS

Maseco LLP bought a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,338,277 shares of the company’s stock, valued at approximately $259,864,000. Avantis U.S. Equity ETF accounts for 8.1% of Maseco LLP’s holdings, making the stock its 3rd largest holding. Maseco LLP owned about 2.36% of Avantis U.S. Equity ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Align Financial LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $4,024,752,000. HB Wealth Management LLC grew its position in Avantis U.S. Equity ETF by 10.2% in the 4th quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after acquiring an additional 486,787 shares during the last quarter. American Century Companies Inc. grew its position in Avantis U.S. Equity ETF by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after acquiring an additional 96,975 shares during the last quarter. Focus Partners Wealth grew its position in Avantis U.S. Equity ETF by 2.7% in the 4th quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock valued at $221,280,000 after acquiring an additional 52,018 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Avantis U.S. Equity ETF by 145.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after purchasing an additional 1,036,918 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.6%

NYSEARCA:AVUS opened at $126.72 on Friday. Avantis U.S. Equity ETF has a twelve month low of $99.18 and a twelve month high of $128.86. The company has a market cap of $12.66 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The stock has a fifty day simple moving average of $124.66 and a 200-day simple moving average of $117.79.

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.