Cornerstone Wealth Management LLC Raises Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Cornerstone Wealth Management LLC grew its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.8% during the first quarter, Holdings Channel reports. The institutional investor owned 47,267 shares of the company’s stock after buying an additional 2,585 shares during the period. Cornerstone Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $4,230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in AVUS. Magnus Financial Group LLC raised its position in shares of Avantis U.S. Equity ETF by 0.4% during the 4th quarter. Magnus Financial Group LLC now owns 28,066 shares of the company’s stock valued at $2,289,000 after purchasing an additional 122 shares during the period. PCG Wealth Advisors LLC grew its holdings in Avantis U.S. Equity ETF by 3.5% during the 1st quarter. PCG Wealth Advisors LLC now owns 3,622 shares of the company’s stock valued at $324,000 after buying an additional 124 shares in the last quarter. Capital Performance Advisors LLP raised its position in shares of Avantis U.S. Equity ETF by 0.7% during the fourth quarter. Capital Performance Advisors LLP now owns 20,477 shares of the company’s stock valued at $1,670,000 after buying an additional 147 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 1.8% in the third quarter. Belpointe Asset Management LLC now owns 8,629 shares of the company’s stock worth $632,000 after buying an additional 156 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Avantis U.S. Equity ETF by 1.0% during the first quarter. Wealthcare Advisory Partners LLC now owns 16,549 shares of the company’s stock worth $1,481,000 after acquiring an additional 156 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.3 %

NYSEARCA AVUS traded up $0.28 on Thursday, reaching $90.90. The company had a trading volume of 101,798 shares, compared to its average volume of 244,365. The firm’s 50 day moving average price is $88.94 and its 200 day moving average price is $86.12. Avantis U.S. Equity ETF has a 12 month low of $69.57 and a 12 month high of $91.03. The stock has a market capitalization of $6.56 billion, a PE ratio of 17.22 and a beta of 1.00.

Avantis U.S. Equity ETF 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.