Ausdal Financial Partners Inc. Purchases 52,021 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ausdal Financial Partners Inc. lifted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 198.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,188 shares of the company’s stock after buying an additional 52,021 shares during the quarter. Avantis U.S. Equity ETF makes up 0.8% of Ausdal Financial Partners Inc.’s holdings, making the stock its 22nd largest holding. Ausdal Financial Partners Inc.’s holdings in Avantis U.S. Equity ETF were worth $7,440,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVUS. UBS Group AG grew its position in shares of Avantis U.S. Equity ETF by 40.9% during the 4th quarter. UBS Group AG now owns 73,120 shares of the company’s stock worth $5,963,000 after buying an additional 21,225 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Avantis U.S. Equity ETF by 123.5% during the 4th quarter. Stifel Financial Corp now owns 72,741 shares of the company’s stock worth $5,932,000 after purchasing an additional 40,200 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 13.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,354,623 shares of the company’s stock worth $110,470,000 after purchasing an additional 160,900 shares during the last quarter. Sollinda Capital Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth $2,024,000. Finally, Elevate Wealth Advisory Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth $164,000.

Avantis U.S. Equity ETF Stock Up 1.0 %

Shares of NYSEARCA AVUS traded up $0.98 during mid-day trading on Friday, reaching $95.35. 215,217 shares of the company were exchanged, compared to its average volume of 256,353. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 1 year low of $69.57 and a 1 year high of $95.39. The firm has a 50-day moving average of $92.09 and a 200 day moving average of $90.18.

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.