Poinciana Advisors Group LLC Makes New Investment in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Poinciana Advisors Group LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,331 shares of the company’s stock, valued at approximately $614,000. Avantis U.S. Equity ETF makes up 0.6% of Poinciana Advisors Group LLC’s investment portfolio, making the stock its 25th largest holding.

A number of other large investors have also made changes to their positions in the stock. Index Fund Advisors Inc. grew its position in shares of Avantis U.S. Equity ETF by 4.1% in the fourth quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock valued at $290,000 after purchasing an additional 118 shares in the last quarter. SageView Advisory Group LLC grew its position in shares of Avantis U.S. Equity ETF by 0.5% in the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock valued at $2,753,000 after purchasing an additional 133 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Avantis U.S. Equity ETF by 6.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock valued at $226,000 after purchasing an additional 138 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 11.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock valued at $147,000 after purchasing an additional 154 shares in the last quarter. Finally, Valued Wealth Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 1.1% in the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock valued at $1,408,000 after purchasing an additional 163 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $92.72 on Friday. The business has a 50 day simple moving average of $98.42 and a 200-day simple moving average of $97.37. The firm has a market capitalization of $7.58 billion, a PE ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a 1 year low of $84.26 and a 1 year high of $102.23.

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.