MeadowBrook Investment Advisors LLC Purchases New Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

MeadowBrook Investment Advisors LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,530 shares of the company’s stock, valued at approximately $342,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Index Fund Advisors Inc. boosted its stake in Avantis U.S. Equity ETF by 4.1% during the 4th quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock worth $290,000 after purchasing an additional 118 shares during the last quarter. SageView Advisory Group LLC boosted its stake in Avantis U.S. Equity ETF by 0.5% during the 3rd quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after purchasing an additional 133 shares during the last quarter. Valued Wealth Advisors LLC boosted its stake in Avantis U.S. Equity ETF by 1.1% during the 4th quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock worth $1,408,000 after purchasing an additional 163 shares during the last quarter. Wealth Management Partners LLC boosted its stake in Avantis U.S. Equity ETF by 1.1% during the 4th quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock worth $1,499,000 after purchasing an additional 166 shares during the last quarter. Finally, Certified Advisory Corp boosted its stake in Avantis U.S. Equity ETF by 0.7% during the 4th quarter. Certified Advisory Corp now owns 28,015 shares of the company’s stock worth $2,715,000 after purchasing an additional 185 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.1 %

NYSEARCA AVUS opened at $100.51 on Wednesday. Avantis U.S. Equity ETF has a 52 week low of $82.74 and a 52 week high of $102.23. The business’s fifty day simple moving average is $99.40 and its 200-day simple moving average is $96.35. The firm has a market cap of $7.25 billion, a PE ratio of 17.22 and a beta of 1.00.

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.