Gateway Wealth Partners LLC Buys 154,609 Shares of Avantis U.S. Equity ETF $AVUS

Gateway Wealth Partners LLC lifted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 131.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 272,522 shares of the company’s stock after purchasing an additional 154,609 shares during the quarter. Avantis U.S. Equity ETF comprises about 1.2% of Gateway Wealth Partners LLC’s portfolio, making the stock its 7th largest holding. Gateway Wealth Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $30,299,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter worth approximately $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth $29,000. EverSource Wealth Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after buying an additional 208 shares during the period. Monetary Solutions Ltd acquired a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth $39,000. Finally, Federation des caisses Desjardins du Quebec purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter valued at $39,000.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS opened at $126.91 on Monday. The company’s fifty day moving average price is $126.89 and its 200-day moving average price is $120.04. Avantis U.S. Equity ETF has a 1-year low of $100.82 and a 1-year high of $128.86. The firm has a market capitalization of $13.82 billion, a PE ratio of 20.35 and a beta of 0.99.

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.