Versant Capital Management Inc Acquires 71,166 Shares of Avantis U.S. Equity ETF $AVUS

Versant Capital Management Inc bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 71,166 shares of the company’s stock, valued at approximately $9,116,000. Avantis U.S. Equity ETF comprises approximately 0.8% of Versant Capital Management Inc’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Monetary Solutions Ltd bought a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $39,000. Anchor Investment Management LLC bought a new position in shares of Avantis U.S. Equity ETF during the 2nd quarter valued at about $53,000. Harbor Asset Planning Inc. grew its position in shares of Avantis U.S. Equity ETF by 150.2% in the 1st quarter. Harbor Asset Planning Inc. now owns 713 shares of the company’s stock valued at $79,000 after purchasing an additional 428 shares during the period. Western Wealth Management LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 1st quarter valued at approximately $84,000. Finally, Assetmark Inc. increased its stake in Avantis U.S. Equity ETF by 36.4% during the 1st quarter. Assetmark Inc. now owns 790 shares of the company’s stock worth $88,000 after purchasing an additional 211 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $128.71 on Friday. The company has a market capitalization of $14.47 billion, a P/E ratio of 20.35 and a beta of 0.99. The company’s 50 day moving average price is $129.70 and its two-hundred day moving average price is $124.98. Avantis U.S. Equity ETF has a 52 week low of $105.72 and a 52 week high of $132.81.

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.