Cloud Capital Management LLC Buys New Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Cloud Capital Management LLC purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 14,649 shares of the company’s stock, valued at approximately $1,353,000. Avantis U.S. Equity ETF accounts for about 1.0% of Cloud Capital Management LLC’s portfolio, making the stock its 24th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of AVUS. National Bank of Canada FI bought a new position in Avantis U.S. Equity ETF in the 4th quarter valued at about $27,000. Minot DeBlois Advisors LLC acquired a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at about $41,000. Comerica Bank lifted its holdings in Avantis U.S. Equity ETF by 147.0% in the 4th quarter. Comerica Bank now owns 857 shares of the company’s stock valued at $83,000 after acquiring an additional 510 shares during the last quarter. JFS Wealth Advisors LLC bought a new position in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $127,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 11.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock worth $147,000 after purchasing an additional 154 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

NYSEARCA AVUS opened at $102.53 on Friday. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $102.69. The company has a market capitalization of $8.89 billion, a P/E ratio of 20.35 and a beta of 1.05. The company’s 50 day simple moving average is $96.69 and its 200 day simple moving average is $95.73.

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.