Vicus Capital Increases Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Vicus Capital increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 18.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 26,616 shares of the company’s stock after buying an additional 4,063 shares during the quarter. Vicus Capital’s holdings in Avantis U.S. Equity ETF were worth $2,532,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in AVUS. Strategic Financial Concepts LLC raised its position in Avantis U.S. Equity ETF by 11,264.4% during the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after acquiring an additional 14,190,276 shares during the period. Annex Advisory Services LLC raised its position in Avantis U.S. Equity ETF by 25.0% during the third quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock worth $322,933,000 after acquiring an additional 679,655 shares during the period. American Century Companies Inc. raised its position in Avantis U.S. Equity ETF by 5.8% during the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after acquiring an additional 159,134 shares during the period. Envestnet Asset Management Inc. raised its position in Avantis U.S. Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after acquiring an additional 104,125 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in Avantis U.S. Equity ETF by 1.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock worth $132,638,000 after acquiring an additional 23,513 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.4 %

NYSEARCA:AVUS traded down $0.39 during trading hours on Tuesday, reaching $96.33. 31,964 shares of the company were exchanged, compared to its average volume of 252,775. The stock’s 50-day moving average is $93.64 and its 200-day moving average is $90.79. The firm has a market cap of $6.95 billion, a PE ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $97.51.

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.