Avantis U.S. Equity ETF $AVUS is Gateway Wealth Partners LLC’s 5th Largest Position

Gateway Wealth Partners LLC increased its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 115,867 shares of the company’s stock after purchasing an additional 6,634 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 1.7% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 5th biggest position. Gateway Wealth Partners LLC owned approximately 0.13% of Avantis U.S. Equity ETF worth $12,595,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Caliber Wealth Management LLC KS grew its holdings in Avantis U.S. Equity ETF by 12.5% during the third quarter. Caliber Wealth Management LLC KS now owns 517,611 shares of the company’s stock valued at $56,264,000 after purchasing an additional 57,326 shares during the period. Correct Capital Wealth Management lifted its position in shares of Avantis U.S. Equity ETF by 21.6% during the 3rd quarter. Correct Capital Wealth Management now owns 16,959 shares of the company’s stock valued at $1,843,000 after buying an additional 3,011 shares in the last quarter. Heritage Wealth Management Inc. CA purchased a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at about $754,000. Trace Wealth Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 2.3% during the 3rd quarter. Trace Wealth Advisors LLC now owns 164,420 shares of the company’s stock valued at $17,872,000 after acquiring an additional 3,650 shares during the period. Finally, Capital Investment Advisory Services LLC grew its stake in shares of Avantis U.S. Equity ETF by 11.7% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 18,132 shares of the company’s stock valued at $1,971,000 after acquiring an additional 1,903 shares during the period.

Avantis U.S. Equity ETF Trading Up 2.1%

NYSEARCA AVUS opened at $117.21 on Friday. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $117.42. The stock has a market cap of $11.21 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The company’s 50 day moving average is $113.65 and its two-hundred day moving average is $109.55.

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.