Financial Plan Inc. Makes New $149.30 Million Investment in Avantis U.S. Equity ETF $AVUS

Financial Plan Inc. acquired a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,335,641 shares of the company’s stock, valued at approximately $149,298,000. Avantis U.S. Equity ETF comprises approximately 17.1% of Financial Plan Inc.’s portfolio, making the stock its biggest holding. Financial Plan Inc. owned 1.40% of Avantis U.S. Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock worth $43,000 after acquiring an additional 237 shares during the last quarter. Trust Co. of Vermont bought a new stake in Avantis U.S. Equity ETF in the 3rd quarter worth approximately $51,000. Assetmark Inc. increased its stake in Avantis U.S. Equity ETF by 116.0% in the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after acquiring an additional 311 shares during the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Avantis U.S. Equity ETF by 17.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after acquiring an additional 144 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS opened at $119.74 on Wednesday. The company has a market cap of $11.84 billion, a P/E ratio of 20.35 and a beta of 1.00. The business’s 50 day moving average price is $114.64 and its 200-day moving average price is $112.79. Avantis U.S. Equity ETF has a fifty-two week low of $85.42 and a fifty-two week high of $120.96.

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.