Avantis U.S. Equity ETF $AVUS Shares Purchased by Sterneck Capital Management LLC

Sterneck Capital Management LLC increased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,910 shares of the company’s stock after purchasing an additional 1,200 shares during the period. Avantis U.S. Equity ETF accounts for 1.8% of Sterneck Capital Management LLC’s investment portfolio, making the stock its 19th largest holding. Sterneck Capital Management LLC’s holdings in Avantis U.S. Equity ETF were worth $3,620,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new stake in Avantis U.S. Equity ETF during the 1st quarter worth approximately $25,000. Iron Horse Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF in the 1st quarter valued at $27,000. Mattson Financial Services LLC acquired a new position in Avantis U.S. Equity ETF in the 1st quarter valued at $107,000. JFS Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF in the 1st quarter valued at $127,000. Finally, AE Wealth Management LLC increased its stake in Avantis U.S. Equity ETF by 9.8% in the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after buying an additional 146 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $108.39 on Friday. The stock has a market capitalization of $9.52 billion, a P/E ratio of 20.35 and a beta of 1.05. The company’s fifty day moving average is $105.55 and its two-hundred day moving average is $98.43. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $109.30.

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.